What is probate ? Specialist Advice
When someone dies a legal process has to be followed, in order to administer a Deceased Persons estate. That process is known as probate and will typically be undertaken by the named Executor in a Will or the next of kin (known as the administrator) if the person died Intestate.
Probate ends with the Probate Registry issuing what is known as a Grant of Probate.This a legal document which once issued enables the Executor to collect the Deceased persons assets.
For example, if the Deceased had cash assets over £15,000 then a Bank or building society will always require a Grant of Probate to release assets, similarly if the Deceased had a property then probate will be required to sell this.If you need probate - we can help call us now.
When someone dies a legal process has to be followed, in order to administer a Deceased Persons estate. That process is known as probate...
It is standard practice for all banks and building societies to request grant of probate or letters of administration (if there is no will) if the date of death...
A grant of probate is always required to sell a property if it was owned in the sole name of a Deceased. The reason for this, is that the grant provides evidence...
A lot of Death Benefits or Life Insurance policies are written in Trust, this means that the policy will have a nominated beneficiary meaning that the policy...
Typical Probate Questions
When helping families with probate, we frequently get answered the following questions, remember if you need assistance call our probate helpline on 0845 269 3571
Is there a limit on which probate is required ?
Sometimes probate is not always required. this typically arises when assets pass to the surviving spouse via survivorship or when the assets held by the deceased in his/her sole name are less than £5,000. Typically, most banks will require probate when the assets held by them exceed £15,000.
How long does probate take ?
Times vary as much often depends upon the size of the estate, the assets and liabilities or whether inheritance tax is payable. In very straightforward cases when there is simply one asset or when probate is required to sell a property we are able to get probate issued within 3-5 weeks.
How much does cost in the UK ?
If you are seeking some assistance with probate we can help. Unlike most solicitors we don't charge hourly rates instead we charge a simple easy to understand fixed fee, which is deferred until the end of the case. Prices start at just £500 plus vat.
How long does probate take ? I need to sell a house can it be obtained quickly ?
There are lots of stories online about how long probate takes. It most cases we can obtain probate relatively quickly ( under a month ) as often in many cases, the estate will not involve inheritance tax while details of the Deceased's assets will be known at the date of death. If you need help obtaining probate, we can help. We have a specialist team that are able to obtain probate quickly if you need to sell a probate property urgently etc. Call our helpline now for help, or e-mail email@example.com
What happens if the Deceased has died and did not leave a will?
If someone has died without a will, then their estate will be subject to the Intestacy Rules. These rules confirm who inherits as well as who can administer the estate
Grant of Representation ? is this the same as a Grant of probate ?
Understanding the terminology used throughout the probate process can be confusing. In essence the term Grant of Representation applies to the legal document issued following someone's death by the Executor when there is a will, this is known as a Grant of Probate or by an Administrator when there is no will, who is issued with a Grant of Letters of Administration