What Happens If I Don’t Have a Power of Attorney in Scotland? | Watermans
Transfer of Title Solicitor
A Transfer of Title is a service you may require when planning your estate. If you wish to add or remove a person's name from a property deed, or change the ownership to another individual, then you will need a Transfer of Title solicitor.
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R Stone, Private Client Services
The Short of it
Legally changing the ownership of a property to another person,
or adding or removing someone to or from a property deed, is called Transfer of Title.
You may wish to conduct a Transfer of Title as part of your estate planning,
so that your loved ones receive their full share of their inheritance.
At Watermans, our dedicated private client solicitors are here to guide you through the Transfer of Title process.
We take the hassle out of the legal stuff.
Everything we do at Watermans is about getting you the resolution you need
and providing Straightforward legal advice. It should be that simple.
The Long of it
Transfer of Title
A Transfer of Title involves changing the legal ownership of a property from one person to another. There are many reasons that you may wish to proceed with a Transfer of Title, including
- removing a name from the property deed if you are going through a divorce or a relationship breakdown
- adding a name to the property deed if you have married or remarried
- changing the ownership of the property to another person completely, for example to another family member
- when planning your estate
Inheritance tax is a tax payable on a person’s estate when they die. With correct planning for Transfer of Titles, the payment of inheritance tax can be avoided, meaning your loved ones will be left with their fair share of their inheritance.
Do I need a solicitor?
It is important that you use a solicitor when planning your estate, and that includes when completing a Transfer of Title. Transferring a property Title to another person, or adding or removing a name in a deed, can result in huge changes for the people involved, especially if it could have inheritance tax implications for your loved ones.
Therefore, we think it is important that you choose the correct legal advice providers to suit your needs. Transfer of Title can be a complicated process, and using the right solicitor to plan for your future can make the whole thing a lot easier for you.
This is where we can help. We take the hassle out of the legal side of things, so that you don’t have to worry about it. Our expert solicitors are ready to discuss the process with you.
Contact Watermans today.
How long?
Generally, Title transfers take about 4 – 6 weeks to finalise. However, every situation is different, and depending on the circumstances and details, the process may take longer.
At Watermans, we will work with you to make the whole process seem easy, in the most time-efficient way that we can. We understand that the legal stuff can seem daunting and stressful, especially when it is to do with property and estate planning, and we try to make everything as convenient for you as possible.
Contact our expert solicitors to get your Transfer of Title started today.
Why Watermans?
At Watermans, our team have helped many clients complete Title transfers by offering clear and expert legal advice.
We understand that a Transfer of Title can seem like a daunting task, and depending on the circumstances it could be an emotional time for you, too.
We are here to help.
We offer Straightforward legal advice, so there is never any confusion. We are here to guide you every step of the way, by offering you a service that is convenient and efficient.
Contact our dedicated private client solicitors today to schedule an appointment.
Get in touch with us
Everything we do at Watermans is about getting you the resolution you need and making that process straightforward. Start the process by sending us your details below or calling us on 0131 555 7055
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Our wills, trusts and succession expert
“Every client is different, so being able to provide straightforward advice to fit their personal situation is my goal. Knowing I can make a difference to individuals, families and clients in business, no matter the circumstances of their estate, is really rewarding.”
Hazel Johnson, Head of Private Client
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