Probate (estate administration) is the process of managing the assets of a deceased's estate and distributing the assets to beneficiaries in line with the Will. Efficiency and technical knowledge are the keys to the good administration of an estate. Our specialist Solicitors can promise you both.
Many people will be called upon at some point to administer the estate of a relative or friend.
When a loved one dies, someone needs to register their death, notify relevant organisations, ensure outstanding bills are settled and inheritance tax paid and distribute what is left in accordance with the terms of the deceased's Will. This can be daunting for an executor and we can help.
There is an enormous difference between good estate administration, when inheritances are paid out in a timely manner and the tax burden minimised, and one where the administration takes several years, potentially where penalties and interest are incurred, and tax planning opportunities missed.
How we can help with the probate process
Our team of specialist Solicitors are experienced in all aspects of the estate administration process.
Many of our clients have holiday properties abroad or other overseas assets, which can cause considerable difficulty for their loved ones after death. We are very familiar with these issues and can liaise with excellent lawyers in other jurisdictions so that assets are passed on in as tax-efficient a way as possible without any unnecessary delays.
In all cases, we will agree on a timescale with you in advance and provide weekly updates by email. We expect to have the Grant of Probate – the administration document – within six months of instruction, but we will usually be able to work within a significantly faster timescale.
Showed particular care and sensitivity during a very difficult time.
Chambers, High Net Worth 2017
Avoiding estate disputes through our diplomatic approach
For families who have experienced disputes and estrangement, or for step-families, bereavement can be a particularly challenging time. We work with many families in these circumstances and find that as a diplomatic and independent third party we can often prevent tensions escalating into disputes. Disputes can be expensive and distressing during the estate administration process.
If you would like more information on estate administration, please contact us.