Probate & Estate Administration
Our friendly solicitors are on hand to help you navigate your way through the practical aspects of probate and estate administration. We can help you with the process from start to finish, or on a consultancy basis.
How can we help?
Estate Administration & Probate Solicitors
When a loved one dies, the practical issues that need to be dealt with can seem daunting. As specialist estate administration and probate solicitors, we are here to make the process as straight forward as possible. You can choose to instruct us to look after the whole estate administration or just part of the probate process.
GL Law may store the Will of your loved one. If so, we will need to see the death certificate before we can release the Will to the executor(s). If an executor wishes to call in to collect the Will, we ask they bring some proof of identity. We will also need written confirmation from the other executors that they agree to the first executor collecting the Will. If there is no Will, we can explain what you need to do next.
Why use a solicitor for probate?
At such a difficult and traumatic time, we hope it is reassuring to know that we at GL Law are on hand to help. A specialist solicitor can help you with parts or all of the estate administration process, depending on how much help you would like. Some people find they can manage some of the work involved but ask us to help with the technical parts such as completing tax forms and obtaining the Grant of Probate.
What is involved in administering an estate?
Administering an estate often involves a considerable amount of work which may appear disproportionate to the value of the estate. Unless the estate in the sole name of the deceased person is small (less than £5,000) and does not include freehold or leasehold property or a share in such property, it is likely that a Grant of Probate will be required.
If a Grant of Probate is required, the administration is likely to involve:
- Finding out the value of the assets and liabilities of the deceased person at the date that they died
- Completing an account for HMRC detailing the assets and liabilities (whether Inheritance Tax is payable)
- Finalising the income tax liability of the deceased person during their lifetime
- Making the application for the Grant of Probate.
If the estate is taxable then Inheritance Tax will have to be paid before the Grant of Probate can be issued. The Grant of Probate once obtained is the Personal Representative’s authority to deal with the estate and allows them among other things to instruct us to close the deceased’s bank accounts, close or transfer investments and sell any property. Once this has been done, an income tax return may be required for the administration period and draft estate accounts will be prepared for approval by the Personal Representatives. Once the accounts are approved, the estate can be distributed in accordance with the terms of the Will or the Intestacy Rules if there is no valid Will.
Responsibilities of the Personal Representatives
As the Personal Representatives are personally liable for the deceased person’s debts (limited to the value of the estate), it may be necessary to give notices requiring creditors to submit claims within a set time limit before the estate is distributed. This is particularly relevant if the Personal Representatives are not the beneficiaries.
Various other types of claim may be brought by individuals in respect of Wills or estates particularly if they feel they should have benefited. If such claims are made against the Personal Representatives, they must be made within 6 months of the Grant of Probate being issued. Claims can be made later against the beneficiaries of the estate. Therefore, if you think there is any likelihood that a claim may be made against the estate, please let us know as soon as possible.
How much does probate and estate administration cost?
Our experience and expertise means we can give a good estimate of not only how long it may take to deal with the administration of an estate, but also the cost involved in doing so.
If you find yourself dealing with probate after someone has died, you will know that the process can be complex. Our team of specialist probate lawyers are on hand to provide as little or as much assistance as you need.
This is a meeting with a lawyer who will review any Will that has been prepared (or if there is no Will, explain who is entitled to receive the estate) and explain the process and next steps. It is an opportunity for you to ask questions about your responsibilities and the issues that may arise. After the meeting we will send you a letter that summarises the details of the meeting and suggested next steps. The Probate Consultation costs £350 + VAT (£420 incl VAT).
You can then decide if you would like GL Law to assist further, or perhaps help with part of the probate process. We will explain the available options and be clear about fees involved so that you can make an informed decision.
Who is the Probate Consultancy for?
- Executors appointed under a will
- Immediate relatives of someone who has died without a will
- Anyone who is concerned about what the will means
- Anyone who is concerned that they have not received an inheritance they were expecting
Our team of expert probate solicitors can help you answer the following queries:
- What happens if there is no will?
- Do you need to pay inheritance tax or how is this dealt with?
- What is a grant of probate and how do I obtain it?
- When does income tax need to be paid?
- What happens if there are minor beneficiaries?
- Do I need statutory notices?
- What are trusts?
- What are trustees?
- What happens if there is a claim against the estate?
- What is a deed of variation?
- What if I need to sell a property?
If you would like to make an appointment or find out more about the Probate Consultation please contact the team by calling 0117 906 9400 or email email@example.com
Specialist Probate & Estate Administration Solicitors
Our team of specialist solicitors and legal advisors have many years’ experience in dealing with estate administration. We offer a friendly and reassurance approach alongside expert technical knowledge. Clients benefit from the wide range of experience our team provide, in particular high value and complex estates involving business interests, property portfolios and international assets. We can also offer detailed knowledge in relation to national heritage assets, substantial lifetime gifting and claims for agricultural and business property relief.
Contact our Probate & Estate Administration Solicitors in Bristol or London
Let’s talk. You can call us on 0117 906 9400 or email firstname.lastname@example.org for further information from our Wills and inheritance solicitors in Bristol and London. Alternatively, please complete our contact form.