The deceased had built a large estate throughout his life and it was a priority that this would be preserved not only for his wife but also his children from his first marriage.
The deceased wanted peace of mind that both groups would be looked after following his death and, having sought planning advice as part of his will update, the deceased was able to carve two distinct funds out of his estate which would cater for the different objectives and needs of his family.
Thomson Snell & Passmore were appointed to act as professional executor and trustee of the will, delicately managing and protecting the interests of the various beneficiaries of the estate. Having advised on the drafting and objectives of the will during the deceased’s lifetime, there was an established knowledge of the assets of the estate as well as what was important to the deceased.
With the assistance of clear documents dealing with the estate, we were able to distribute the estate in a way that upheld the deceased’s wishes, while providing security for the different family members and tax efficiency.