Many families agree to professional help before understanding what it is and more importantly how much it might cost. Find out what you might need to know before you commit.
Probate is a legal requirement and can be a complex and onerous task. It can be helpful to appoint a professional Executor to carry out the process and to relieve others of the burden.
There are many things to organise when someone dies and it is easy to forget vital steps or become overwhelmed.
Remember, none of the assets can be distributed until probate is granted and liabilities are settled, so an efficient service means there is one less thing for family to worry about at a difficult time.
We have formed successful partnerships with a panel of specialists and can provide varying levels of assistance to our clients with Probate and Estate Administration. Our approach is professional and avoids the ‘ticking meter’ approach to legal bills.
We believe that clients should know how much a service will cost right at the outset. Initially one of our consultants will visit you, and the other Executors, in your own home to talk you through the process and agree with you how much help you need, from a full end-to-end service to perhaps just helping with some aspects of the work.
Once we have established the complexity of the estate, they will then quote you for all the work involved. This includes:
Contacting all asset holders and creditors
Producing draft accounts fro the estate and paying any inheritance tax from funds available
Preparing documentation for HMRC and the Probate Office
Making the application for the Grant of Probate
Calling in assets and putting them into a designated client account
Communication with all beneficiaries, including informing them of legacies and bequests
Producing final accounts and closing the estate
We can either cover the whole process or help you with elements of it – you decide. Our prices are competitive and we guarantee to match any like for like quotation.