Wills & Probate: Preserving Your Legacy
Overview
Securing your legacy and protecting your family
We provide the sensitive, technical oversight needed to ensure your assets are protected and your family’s future is secured. From drafting precise Wills to navigating the complexities of probate, we ensure your legacy is managed with absolute clarity.
Why us?
In a nutshell … we understand business because ‘we are a business’. Imagine that – lawyers who are also business people! So, we understand many of your issues and concerns because we share these issues and concerns with you. Whether you are just starting up or are a business with national or international operations, we can help you structure, negotiate and execute any type of business transaction.
Tax Advisory & Strategic Planning
High-level advisory work is the core of the practice. From navigating the Irish Revenue offshore fund regime to structuring complex corporate restructurings, Wayfound provides the technical foresight needed for high-value transactions. This includes securing vital Capital Gains Tax (CGT) and Stamp Duty reliefs for founders, investors, and individuals managing significant global assets.
Personal & Corporate Tax Compliance
Beyond strategy, the firm handles the essential mechanics of tax. This includes the preparation and filing of Income Tax returns for high-net-worth individuals and non-domiciled residents, as well as Corporation Tax compliance for businesses. The goal is to ensure that every filing is technically accurate and submitted with precision, removing the administrative burden from the client.
Contentious Tax & Revenue Disputes
When disputes arise with the Revenue Commissioners, robust advocacy is essential. Wayfound provides expert representation in contentious matters, from managing Aspect Queries and full Revenue Audits to navigating the tax appeals process. The firm acts as a shield, using technical rigor to resolve disputes and protect the client’s financial standing.
Trusts & Asset Protection
We advise on the creation and management of trusts as a means of protecting assets for future generations or vulnerable beneficiaries. Our focus is on providing a secure structure that safeguards your wealth from external risks while ensuring it is managed and distributed according to your specific long-term instructions.
Inheritance Tax (CAT) Advisory
Inheritance tax can significantly erode a family's wealth if not managed proactively. We provide dedicated advisory services on Capital Acquisitions Tax, helping families plan for the future through the use of lifetime gifts and tax-efficient structures. Our goal is to ensure your heirs receive the maximum benefit of their inheritance.
Contentious Probate & Estate Disputes
When disagreements arise regarding the validity of a Will or the distribution of an estate, robust legal advocacy is required. We provide professional representation in contentious probate matters, working to resolve disputes through technical rigor and clear negotiation. We act to protect your rights and ensure the deceased’s intentions are respected.
Frequently Asked Questions
Making a will is one of the most important steps a person can take to ensure that their assets are distributed according to their wishes after their death. A properly drafted will allows an individual (known legally as the testator) to specify how their property, savings, investments, and other assets should be distributed among family members or other beneficiaries. It also allows the person making the will to appoint executors who will be responsible for administering the estate and ensuring that the instructions contained in the will are carried out.
In Ireland, wills are governed primarily by the Succession Act 1965, which sets out the legal requirements for creating a valid will. These requirements include that the will must be in writing, signed by the testator, and witnessed by two independent witnesses who are present at the same time. If a person dies without leaving a valid will, they are said to have died intestate, and their estate will be distributed according to statutory rules rather than their personal wishes. Creating a properly drafted will therefore provides certainty and can significantly reduce disputes or complications for family members after death.
When a person dies without a valid will, their estate is distributed in accordance with the intestacy rules set out in the Succession Act 1965. These rules determine how assets are divided among surviving relatives, regardless of what the deceased may have informally intended.
Under the intestacy provisions, the distribution of the estate depends on which family members survive the deceased. For example, if the deceased leaves a spouse but no children, the spouse typically inherits the entire estate. If both a spouse and children survive, the spouse generally receives two-thirds of the estate while the remaining one-third is divided among the children. If there is no surviving spouse or children, the estate may pass to other relatives such as parents, siblings, or more distant family members.
Where there is no will, there is also no appointed executor. Instead, a suitable person (often a close family member) must apply to the court to become the administrator of the estate. This process can be more complicated and time-consuming than administering an estate where a valid will exists.
Probate is the legal process through which the validity of a deceased person’s will is confirmed and authority is granted to the executors to administer the estate. The grant of probate is issued by the Probate Office, which operates as part of the Courts Service of Ireland.
The probate process typically involves gathering details of the deceased person’s assets and liabilities, preparing a statement of the estate, and submitting the appropriate application to the Probate Office. Once probate has been granted, the executors obtain legal authority to collect assets, settle debts, and distribute the estate in accordance with the terms of the will.
Probate is usually required where the deceased owned property, significant financial assets, or accounts that cannot be released without a formal grant. However, in some cases where the estate is very small or assets were held jointly, probate may not be necessary. Determining whether probate is required often depends on the nature and value of the assets involved.
An executor is the person appointed in a will to administer the estate of the deceased and ensure that the instructions contained in the will are carried out properly. The role of the executor carries significant legal responsibilities and requires careful management of the estate’s assets and obligations.
The executor’s duties generally include identifying and valuing the deceased’s assets, paying outstanding debts and taxes, applying for the grant of probate, and distributing the remaining estate to the beneficiaries. Executors must also ensure that any tax obligations arising from the estate are addressed, including inheritance tax considerations that may arise under the Capital Acquisitions Tax Consolidation Act 2003.
Because executors are responsible for administering the estate correctly, they must act in the best interests of the beneficiaries and comply with the relevant legal and procedural requirements. In many cases, executors instruct a solicitor to assist with the probate process to ensure that all legal obligations are properly fulfilled.
The length of time required to complete the probate process can vary depending on the complexity of the estate and whether any disputes or legal complications arise. In straightforward cases where the assets are clearly identified and there are no challenges to the will, probate may be obtained within several months after the application is submitted.
However, delays may occur if there are difficulties locating assets, disputes among beneficiaries, tax issues that must be resolved, or additional documentation required by the Probate Office. Estates involving property, business interests, or international assets may also take longer to administer.
Once probate has been granted, the executor must still complete the process of gathering assets, paying debts, and distributing the estate to beneficiaries. As a result, the full administration of an estate can sometimes take a year or longer, depending on the circumstances involved.
Yes, under certain circumstances a will may be challenged or contested in Ireland. One of the most common types of challenge arises under Section 117 of the Succession Act 1965, which allows a child of the deceased to apply to the court if they believe that the parent failed in their moral duty to make proper provision for them in the will.
Other grounds for challenging a will may include allegations that the deceased lacked mental capacity when the will was made, that the will was created under undue influence, or that the formal legal requirements for a valid will were not properly followed.
Where a dispute arises regarding the validity or interpretation of a will, the matter may ultimately be determined by the courts. Because such disputes can be complex and emotionally difficult for families, obtaining legal advice at an early stage is often important to understand the available options and the potential legal consequences.
Feedback From Clients
Built on Trust,
Backed by Results
At Wayfound, we pride ourselves on providing exceptional service and making a meaningful difference in the lives of our clients. But don’t just take our word for it, hear directly from those who have experienced the Wayfound difference
"Comprehensive and Reliable"
"Wayfound made what seemed like a complicated process feel simple and straightforward. From securing my residency to guiding me through tax planning, they were with me every step of the way. I couldn’t have asked for a better team to help me start my new life in Ireland!"
Benjamin Daniel
Immigration Client"A Seamless Experience"
"As a business owner, managing taxes can be overwhelming, but Wayfound’s expert team provided invaluable guidance that helped us navigate tax challenges effortlessly. Their thorough approach ensured compliance, and I felt confident with their advice at every turn."
Andrew Taylor
Business Owner"Professional and Compassionate"
"When it came time to handle my family's estate, Wayfound’s probate team made sure everything was managed with care and respect. Their support and expertise gave me peace of mind during a difficult time."
Michael B.
Probate Client"Comprehensive and Reliable"
"Wayfound made what seemed like a complicated process feel simple and straightforward. From securing my residency to guiding me through tax planning, they were with me every step of the way. I couldn’t have asked for a better team to help me start my new life in Ireland!"
Benjamin Daniel
Immigration Client"A Seamless Experience"
"As a business owner, managing taxes can be overwhelming, but Wayfound’s expert team provided invaluable guidance that helped us navigate tax challenges effortlessly. Their thorough approach ensured compliance, and I felt confident with their advice at every turn."
Andrew Taylor
Business Owner"Professional and Compassionate"
"When it came time to handle my family's estate, Wayfound’s probate team made sure everything was managed with care and respect. Their support and expertise gave me peace of mind during a difficult time."
Michael B.
Probate ClientReady to move forward? Contact us today and let’s take the next step.