Probate & estate management
When someone dies, someone has to tidy up their affairs. All their property and assets are frozen and cannot be dealt with. If there is a Will that appoints you as executor you have obligations to both HM Revenue & Customs and to the beneficiaries of the Will. You must, in time, apply for a “Grant of Probate”. If there is no Will someone, typically a close relative must follow a similar procedure to apply for “Letters of Administration”.
Some estates are reasonably straightforward; a matrimonial home, a life policy and a few shares. Many clients are faced with sorting out estates of this type. Whilst they do not really understand their legal obligations they do not want to go near a lawyer, for fear that the lawyer will take over and use up all the estate with legal fees.
We understand that concern and are happy to advise clients how to “do it yourself”. Typically such a client might come in for initial advice and come back only when they want to, if they think that things have got too tricky. Some clients like us to do the tricky bits while they do the rest, other estates are so complex that clients prefer to leave the whole business to us.
Click onto page 2 for continued details.
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Further Information |
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