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Dealing with a bereavement is difficult enough but sometimes you might also be required to handle the administration of a loved ones estate during your time of grief.
Dealing with a bereavement is difficult enough but sometimes you might also be required to handle the administration of a loved ones estate during your time of grief.
Being a personal representative of an estate can be an onerous task. We can help by advising personal representatives what to do and even deal with the entire estate on your behalf.
Probate is the legal process of dealing with the estate of someone who has died, which generally means clearing their debts and distributing their assets in accordance with their will.
If the deceased has left a Will, it will name someone that they’ve chosen to administer their estate. This person is known as the executor of the Will.
No. If there's only jointly-owned property and money which passes to the other owner such as a spouse or civil partner when someone dies, or when there is a ‘small estate’ probate will not normally be needed.
There is no set definition of a small estate. Banks and financial institutions will release funds from a deceased person’s account without Probate, but only if the asset is under a certain value.
Before starting the process, the executor must apply for a Grant of Probate, a legal document that gives them the authority to deal with the deceased’s property. Probate ends once all taxes and debts have been paid and all inheritance passed on.
Probate can be very simple or very complex, depending on whether or not the deceased left a Will. For the majority of cases, the probate process is a necessary responsibility for the ‘Executor’ – the person named in the Will.
The probate process, has four key stages :-
Our solicitors can advise on or help with any stage of the probate process.
Once applied for, a grant of Probate normally comes through in about 18 weeks provided there are no complications. However, it can take longer depending on the complexity of the estate being dealt with. In many cases, it can take months to even be in a position to apply for a Grant of Probate.
We pride ourselves on offering an outstanding legal service at a highly competitive cost personalised for each of our clients.
The exact cost of dealing with any probate matter is dependent on a number of factors. For example, whether or not there is a Will, the number of beneficiaries/monetary bequests, the number and type of assets held by the deceased, whether any reliefs can be claimed and whether the estate is taxable. If these factors apply there may be additional work which may increase our charges.
A person can apply for grant probate if you are over eighteen and:
You may be able to challenge or contest a Will if you think it doesn’t accurately represent the deceased’s intentions for their estate, or because you think it is invalid for other reasons.
The grounds for contesting a will include: