Probate is the term commonly used to describe the process of winding up a person’s affairs after he or she has died. Once granted, the Executors must pay any taxes due, close all bank accounts and sell any property. All the outstanding debts and funeral expenses are then paid with the remainder being distributed amongst the beneficiaries in the Will.
This can be an arduous task for anyone who has no experience of Probate, not to mention time consuming, at what is often a time of great sadness and confusion.
If the estate is worth more than £325,000 there may be a liability to Inheritance Tax. It would be essential for the Executors to enlist professional help in such circumstances, especially since they become personally liable for any errors.
Whitebrook Wills have links with trusted partners who provide a specialist probate service at reasonable cost.
How can we help with Probate?
Our trusted partners will quote a fixed cost to give you peace of mind, knowing that there won’t be nasty surprises at the end of their work, which commonly happens with other probate practitioners.
They are all regulated and insured and offer a highly professional service. If you would like to be put in touch with a probate specialist, please make contact with us.