Applying for probate can be a Stressfull and Exhausting task, but our specialists are here to make it feel simple. In this guide, you’ll find everything you need to know about going through probate and dealing with someone’s estate.
What is probate?
Probate (short for “grant of probate”) is a legal document that shows banks, the Land Registry, and other organisations that you have the authority to deal with someone’s estate. The process of getting probate usually takes 1-3 months.
Need help with probate?
Our friendly probate specialists are here to help you and can offer information and a free, no-obligation quote over the phone.
After losing a loved one, you may need to apply for probate before you can deal with their estate, but only specific people can handle the probate application. Here, we’ll look at who can apply and how you can get started today.
What are the duties of an executor? Executor of will checklist
An executor of a will is responsible for dealing with the estate of the person who died. This includes valuing the estate, selling property, closing accounts, paying off debts, and distributing assets to the beneficiaries named in the will.
What is a deed of variation: Can you change someone's will after their death
A deed of variation allows you to change someone’s will after their death. This can be a good way to minimise the amount of inheritance tax that needs to be paid, but it’s essential that all the beneficiaries agree before any changes can be made.
Estate valuation. How to value a house and other assets for probate
To value a house for probate, it’s usually best to hire an RICS property surveyor, especially if the estate’s value is close to or above the inheritance tax threshold. For bank accounts and other assets, you can usually contact the organisations directly.
Probate Bank Thresholds
When someone unfortunately dies, their bank will need to be notified and their bank accounts will need to be closed. A legal document called a grant of probate is sometimes required by a bank to do this. However, most banks will release funds if the amount held is less than their threshold
The Will cannot be found
Where the deceased’s next of kin or the personal representatives (PRs) believe that the deceased had made a Will but it cannot be found among the deceased’s papers nor a reference to its location found in the deceased’s emails, various enquiries and searches should be considered:
Generally, a caveat is used if a person wishes to prevent a grant, because they dispute the validity of a Will or who should administer the estate.
By lodging a caveat, the caveator will be notified of an application for a grant and given the opportunity to object to the issue of a grant.
Probate Specialist Limited, 5th Floor, 167-169 Great Portland Street, Marylebone London, W1W 5PF
Probate Specialist Limited 126, High Street , Marlborough SN8 1LZ
Probate Specialist Limited, The Office, 21 Ferozeshah Road, Devizes, Wiltshire SN10 2JQ
Company Number: 13015149
ICO Reg Number ZA807624
Rise to the top
Helping Our Clients
Our main focus is helping our clients. When they are in one of the most difficult times in their lives. The well-being of our clients is paramount to our success.
count on us
The Probate Experts
We have extensively trained in Probate and we believe that we have the best systems in place to deal with your probate in a fast efficient and accurate manner.
Right First Time
Our systems are constantly checked on a daily basis to make sure we are capable of dealing with anything that can literally be thrown at them