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When someone dies, Probate may be required before their estate can be dealt with. Probate is the legal right to deal with someone’s property, money and possessions.
Where the deceased had a valid Will at the time of death then the person or persons appointed as Executor(s) will be named in the Grant of Probate. However, where there is no valid Will in place at the time of death then the most entitled person can apply for Letters of Administration. Our experienced Probate solicitors can help and advise on obtaining the Grant of Probate or Letters of Administration when a loved one dies.
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We can assist with the full administration of the estate including:
- The sale of any property.
- Dealing with the payment of debts due from the estate.
- Collecting in assets.
- Payment of Inheritance Tax, Capital Gains Tax, and Income Tax.
- Preparing estate accounts.
- Distributing the estate.
If you require support in Probate, our Wills, Trusts and Estates solicitors can help. You can call us on 0191 568 2050 or email enquiries@sweeneymiller.co.uk.
Probate and Estate Administration FAQs
The Grant of Probate is a legal document which gives someone the legal right to manage the estate of a loved one. In some cases, this is not necessary, for example if the estate is worth less than £10,000 or if the estate is jointly owned with someone else.
A Letter of Administration informs the Courts who has the legal authority to deal with a deceased person’s estate. Someone can be granted a Letter by filing important documentation with the Court, this is something a Probate solicitor can help with.
The administration of the estate involves dealing with a person’s financial affairs and any requests that they made before they died. Part of this involves paying outstanding debts and tax payments and distributing the estate to the beneficiaries. The administration concludes with a detailed set of final accounts explaining how the estate has been divided up and paid out. This process can sometimes take a long time and become very complex, particularly if there are several properties, business interests and other assets to distribute. It is therefore important to have an experienced Probate solicitor who can manage and clearly explain every stage of the process.
