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.
We can advise on Wills that will offer some protection from care home fees.
Read more Wills & ProbateUp to 4 executors can act at a time. At least two executors are needed if their might be a …
Read more Wills & ProbateNo, as long as you are the Executor or Administrator you can choose any solicitor you like.
Read more Wills & ProbateYou need to make a statement saying why you think the Will should be written as you suggest. The Court …
Read more Wills & ProbateAn executor is the person who has to deal with the deceased’s estate. Responsibilities include: paying of the deceased’s debts …
Read more Wills & ProbateYou can set aside money for her using a Discretionary trust, which will not affect her entitlement to state benefits.
Read more Wills & ProbateNo, you do not have to act as an Executor. You have a couple of options. Your first option is …
Read more Wills & ProbateYes. In England, Wales and Northern Ireland you must be over 18, and in Scotland you must be over 16. …
Read moreOur highly skilled team of specialist solicitors have been established in the City of Wakefield for over 100 years.
