Typically there are three stages to the process:
Collecting the information and preparing the detailed list of assets, liabilities and gifts – this stage can typically take 8-12weeks (or longer for very complex estates or where the paperwork is incomplete). We are relying on the response times of other institutions, which can often take some time.
Preparing IHT forms and applying for probate – this stage can typically take 4-6 weeks but cannot be started until stage 1 is complete. It will take longer if inheritance tax is payable as we have to wait for HMRC to process paperwork.
Obtaining probate – Probate is normally granted 2 weeks after application.
Collecting and distributing the assets – This stage can typically take 8-12 weeks or longer if there is a property or a business. If there is a trust in the will, assets will be transferred to the trustees at this point. Partial distributions can also be made.
When you act as an Executor you are expected to act reasonably and act in the best interests of the …
Read more Wills & ProbateA member of your family, your partner, a friend or solicitor may act as your executor. The executor must be …
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Read more Wills & ProbateFirstly you will need to break the news to friends and relatives, register the death and organise the funeral. It …
Read more Wills & ProbateOnly if there are serious disagreements between beneficiaries and/or the people making the Will.
Read more Wills & ProbateOur clients ask us for help for a number of different reasons including: They are too busy to get a …
Read more Wills & ProbateUnlike an intestacy, where children must take their inheritance at 18, if you make a Will you can specify at …
Read moreOur highly skilled team of specialist solicitors have been established in the City of Wakefield for over 100 years.