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.
What happens to property abroad when you die depends on the law of the country where it is located. In …
Read more Wills & ProbateIf the estate is valued at more than the nil rate band then the estate will usually have to pay …
Read more Wills & ProbateOnly if there are serious disagreements between beneficiaries and/or the people making the Will.
Read more Wills & ProbateConsider giving your wife a lifetime right to benefit from your estate. This will enable her to carry on living …
Read more Wills & ProbateThe first step is to work out who should apply for letters of administration We can give you full advice …
Read more Wills & ProbateYou are responsible for taking charge of the property, money and belongings. You will be held personally and financially responsible …
Read more Wills & ProbateIf you cannot find a Will in any of the paperwork at the property, you should speak to other family …
Read more Wills & ProbateYou should record your contribution and the way in which you would like the future proceeds of sale to be …
Read moreOur highly skilled team of specialist solicitors have been established in the City of Wakefield for over 100 years.