PROBATE

Probate is the legal right to deal with someone’s property, money and possessions (their ‘estate’) when they die. If the person who died left a will, this explains what should happen to their estate. The will should specify who the executors are – the people who should sort out the estate.

WHAT IS PROBATE?

Probate is the legal right to deal with someone’s property, money and possessions (their ‘estate’) when they die. If the person who died left a will, this explains what should happen to their estate. The will should specify who the executors are – the people who should sort out the estate. You should not make any financial plans or put property on the market until you’ve got probate.

HOW TO GET PROBATE

You need to apply to get probate. Before applying, you must check that it’s needed and that you’re eligible to apply. You also need to estimate and report the estate’s value to find out if there’s Inheritance Tax to pay.

If the there is no will, you will need to contact the financial organisations the person who died used (for example, their bank and mortgage company).

In general, the spouse or civil partner automatically inherits all their personal possessions and the first £270,000 of their estate. The spouse or civil partner is also entitled to half of the remaining estate, with the other half of this remainder divided equally between any surviving children.

For advise and guidance on how to manage a deceased person's estate,

Get in touch, and we will guide you through the legal process and give you access to locating deceased bank accounts, accessing old pension and insurance policies, selling property, and financial planning.

Start Your Online Estate Planning Today

And get your FREE personalised report

Powered by HoneyPro

PROBATE

Probate is the legal right to deal with someone's property, money and possessions when they die. If the person who died left a will, this explains what should happen to their estate.

INHERITANCE TAX

Inheritance tax is a tax on the 'estate' of someone who's passed away. How much you pay depends on the value of the deceased's estate – which is valued based on their assets, minus any debts.

TRUSTS

Using a trust can give you peace of mind that your chosen beneficiaries will inherit from your estate. The benefits can include reducing the care fees payable to the local authority and have tax advantages.

DOCUMENT STORAGE

If your Will were to be damaged in any way, the courts could declare the Will invalid. We offer safe and secure storage of your legal documentation in both digital or paper form.

TENANTS IN COMMON

Tenants in common is a term used when two or more people have a share in a property – as in spouses or civil partners – but as separate owners entitled to their own share of the property.

PROPERTY CONVEYANCE

We work with a team of legal experts who will prepare legal documents for a property sale, remortgage or lease extension, and transferring legal ownership if the property is being sold.

FINANCIAL PLANNING

We work with a team of independent financial planners who will help you plan for changes in your income, pensions, insurance, savings and investments. Need help. Contact Us.

LASTING POWER OF ATTORNEY

Nobody likes to think about losing the ability to manage their own affairs. Powers of Attorney gives someone you trust the ability to make decisions on your behalf.

PROBATE ADVICE

Need advice on our probate services?

Address List

Social Networks

Our Team are here to provide you with the best service and guidance. Complete the details below to Request a Call Back.

Subscribe

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.