Probate Services and Estate Administration
When someone dies, it can be a difficult and overwhelming time for those that are left behind to deal with the legal processes that need to be completed in order to settle the deceased’s estate.
Probate is the term commonly used to describe the process of finalizing the affairs of someone after they have died. The Grant of Probate is the legal document obtained when there is a Will for the executors to deal with the estate of the person who has passed away. When there is no Will, then Letters of Administration are to be applied for.
These documents are required to provide the deceased’s representatives with the legal authority to deal with the estate including the financial and legal aspects for property, personal possessions, bank accounts, building societies, shares which are subsequently to be distributed to the people who are due to inherit.
The Executor (or Administrator) is the person who is financially and legally responsible for administering an estate. This individual (or individuals) is personally liable for the correct distribution of the estate. This means that they must ensure that they provide the correct beneficiaries with the correct legacies. It is a substantial and challenging role and the process of administering someone’s estate is a significant task.
We appreciate how challenging and difficult this can be, particularly at an already distressing time which is why we provide a professional, comprehensive and, most importantly, personal estate administration service.
We can help provide comprehensive support including the following:
• Establishing the existence and validity of a Will
• Requirements for statutory notices and the Probate process
• Collecting and collating the deceased assets
• Paying off the deceased persons debts and liabilities
• Establishing beneficiaries and inheritance rights
• Distribution of property and assets to the correct beneficiaries at the correct time
• Estate accounts (including tax calculations)
Bereavement is a painful process and dealing with the formalities of someone’s affairs can seem daunting. Here at Beneficial Family Wills, we’re here to support you at every step of the way.
Contact us for help.