What are the benefits of estate planning?

• Estate planning ensures your estate is transferred to the designated beneficiaries after your death. 
• It avoids probate
• Helps in keeping a family business within the family over generations. 

What you need for estate planning

To carry out this work in an effective manner, it is important to know what sections of information you will have to provide to the estate planning solicitors. 

• You

This section consists of your formal name by which you are registered, your address, your date of birth, occupation, PPS number, and health status. Apart from this, it will consist of your marital status as there is the provision of special protection to be provided to the surviving spouse/civil partner of the deceased as per the Succession Act. 

• Who 

This section comprises the name of the beneficiaries, that is, those people you wish to transfer your assets to. To avoid confusion and ensure that the assets are transferred to the right person, it is advised to add the identification details and your relationship with the beneficiary.

• What 

Various assets and liabilities or debts, real estate, life policies, if any, the retirement benefits, details of stocks and shares you possess, jewellery, and other forms of assets are to be mentioned here. 

Why choose us?

• Exactly what you need: Our experienced solicitors ensure that the document drafted is professionally apt and conveys your wants in a clear manner.

• Compliance with the law: Since we are well versed with Irish law, we ensure that every clause of the document abides by the law.

• Professional drafting and execution: The documents are professionally drafted and executed by experts, with no scope of any loophole.

Once you have organised this information, it is advised you get legal help before proceeding further. If you need to plan your estate, O’Reilly Doherty & Co Solicitors has the best estate planning solicitors to get all the procedures done in a smooth and hassle-free manner.