call on : 01273 565656

Probate and Estate Administration

 
Probate and Estate Administration

 

In the event of someone's death it is down to another nominated person to administer their estate. This estate is made up of all the property and possessions owned by the person at the time of their death. Probate involves collecting any money that is owed, settling any debts and dividing the estate amongst the relevant beneficiaries.

All assets will remain frozen, until authority (Grant of Representation) is given to the people or person responsible for administering the estate (the Executor). If you have no Will then the responsibility of Executor will pass on to an appropriate family member or an independent representative, such as a solicitor.

If there is no Will then the rules of Intestacy will apply.

It is advised that the Executor seeks help from a solicitor to carry out their duties. We are able to offer you guidance throughout the process, including preparing the Grant of Representation, collection of Monies and determining the size of the estate with respect to Inheritance Tax.

All our probate services are provided through Probaters.com  (0845 034 7344) which uses dedicated software for efficient and expert support for executors and administrators.

Tax and inheritance planning

With a rise in property prices over the past decade many more people are subject to Inheritance Tax than before. Contact us and we will examine your circumstances to see if you could benefit from Inheritance Tax planning to save money for your family and friends.