Probate can often be a very confusing process, and at a time that some people may be in a process of grieving. Some people are simply unprepared, or unwilling, to take on the task of handling a person’s estate when they are gone.
Solicitor Direct can help every step of the way, professionally and cost effectively, and the first call to us is Free. Click Here for a Step by Step Guide to probate.
What is a Grant of Probate?
When someone dies their assets and liabilities need to be collected. To obtain the authority to collect and distribute the assets, a legal process needs to be followed. This is known as probate, and ends with the Probate Registry issuing what is known as either a Grant of probate (if a will exists) or a Grant of letters of administration (if no will exists)
Do I always need a Grant of Probate?
If the Deceased person had assets over £5,000 then a grant of probate will be required, as banks and other financial institutions will require evidence before closing an account and releasing any assets. Probate may also be required if the deceased held shares or had a property registered in his/her sole name.
How does the process start?
The probate process starts with the Executor of the estate making a list of all known assets and liabilities. Once this has been prepared then a formal application can be made to probate registry can then be made. The grant once issued by the Court, then enables all assets to be collected and the estate distributed.
How much will this cost?
At Solicitor Direct we believe in transparency when it comes to costs, so that the client knows what they are paying from the outset. We offer a fixed fee service, so that you can instruct us with confidence. Please fill in the form below and we will call you to discuss what you need.