Probate
Probate covers the details of administration of the assets and liabilities after someone has died. If you have to deal with the death of someone who is close to you then it is our intention to give to you sensitive but specialist help through this difficult period when emotions run high.
We will deal with the following:-
1. List the assets and liabilities
2. Check if there is a Will or not
3. Calculate any Inheritance Tax payable
4. Deal with all the institutions that are asset holders
5. Deal with any property issues
6. Apply to the Probate Court for what is called “Grant”. If there is a Will this will be Probate or if there is no Will this will be Letters of Administration. This document enables you with our help, to realise the assets and to settle any debts.
7. Deal with HM Revenue & Customs in relation to any final Income Tax or Capital Gains Tax liabilities of the deceased and sort out any correspondence with them regarding Inheritance Tax.
8. Deal with the Beneficiaries. Collect in the final monies to distribute the necessary funds to the Beneficiaries after preparing Estate Accounts.
In the event that you are not local to this firm, that is not a problem. Our initial dealings can be at a meeting and if necessary, we will be prepared to travel to see you. Further dealings can be dealt with by telephone, email and letters.
