Probate is the process of proving that a Will is valid and confirming the Executor’s authority to administer the estate of a person who has died. Although Probate actually relates to an Estate where a Will was made, even if there was no Will, a similar process will still be followed and this is often referred to as Probate as well.
It depends on the value and contents of the Estate you are administering as to whether you need to get Probate or not. Usually if there is a property, a large shareholding or cash assets you will need to obtain probate. Banks and building societies and other financial institutions set their own limits on when they insist on you obtaining a grant of probate. Some are as low as £5,000 and some as high as £50,000.
You should both make Wills to ensure a fair division of assets if one of you dies shortly after the …
Read more Wills & ProbateIt is possible for you to provide for future born children. However it is advisable to cover what should happen …
Read more Wills & ProbateThis is the term used to cover everything that needs to be done to deal with an estate. It involves …
Read more Wills & ProbateMarriage will cancel your Will unless it was prepared in expectation of the event. Getting divorced will not cancel your …
Read more Wills & ProbateA personal representative is simply another name for someone who is an Executor or if there is no Will, is …
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 & ProbateNo, you do not have to act as an Executor. You have a couple of options. Your first option is …
Read more Wills & ProbateWe offer various levels of service; which one you choose will depend on how much work you want us to …
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