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Personal Profile

		Tracey Wright Partner Tracey joined the firm in 1999 and moved to the Wills and Probate department in July 2002. She now specializes in wills, estate administration, lifetime tax planning, inheritance tax mitigation, enduring powers of attorney and issues of funding of long-term care and asset protection.
Tracey Wright is a Partner in the Private Client department at Nash & Co solicitors in Plymouth. She has been with the firm since September 1999. After taking her law degree, Tracey continued her training with Nash & Co who is based in Plymouth. Private Client encompasses many areas of law which will affect most of us at some time in our lives. Tracey specialises in wills, estate administration, lifetime tax planning, inheritance tax mitigation, enduring powers of attorney and issues of funding of long-term care and asset protection. During a recent lecture given by Tracey she said “There are two reasons why it is more important than ever for people to plan for the future - rising property prices and our ageing population. More and more people are facing residential care and the issues surrounding declining health. “At Nash & Co we believe we practise “Caring for the Living” - advising our clients how best they can make adequate plans for the future – bringing peace of mind to our clients and their families.” Tracey was born in Totnes and has lived and worked in Devon all her life. She now resides in Plymouth and enjoys long walks with her lurcher dog as well as horse riding. If you need advice on any of the issues in which Tracey specialises, please give her a call on 01752 664444. Further details of these specialist areas are overleaf. Areas of Specialism Wills – These are not just about ensuring the government doesn’t inherit – it's a plan for the future; ensuring clients can make adequate provision for their loved ones. Tracey gives advice on inheritance tax mitigation and ensures that her clients benefit from making full use of all available allowances including nil rate band discretionary trust wills, business property relief and agricultural property relief – depending on individual circumstances. Estate Administration – This involves dealing with all aspects of estate administration including submitting all relevant accounts to the Revenue for inheritance, income and capital gains tax. It includes paying out legacies and fulfilling any wishes incorporated in a will. Lifetime Tax Planning – This is another area that is becoming more and more important. Giving advice on gifts that can be made during lifetime to mitigate inheritance tax that would be payable when someone dies. It also includes the setting up of trusts and how trusts can be used to assist with tax mitigation. Enduring Power of Attorney – These are drawn up to appoint someone to deal with your affairs at a time when you may become incapable of taking care of your affairs or may decide you don’t want to be bothered, perhaps due to illness.