Capper & Jones Solicitors
Your solution starts here………
Tel: 01352 752020
Authorised and Regulated by Solicitors Regulation Authority
SRA Number: 00047132
VAT No: 161 2915 79
Old Bank Chambers
1 King Street
Probate & Intestacy
Dealing with a bereavement is difficult enough but sometimes you might also be required to handle the administration of a loved ones estate.
You may have to arrange the funeral, go through personal papers to find out what assets and debts there may be, apply to the probate registry and deal with beneficiaries and other family members. Being a personal representative of an estate can be an onerous task. We can help by advising personal representatives what to do and even deal with the entire estate on your behalf. All estate administration work is supervised by a qualified solicitor. Specific experience can be seen in the individual staff profiles.
Do we need to go through probate?
Depending on their value, assets which are held in a person's sole name (property, bank accounts, shares and other investments) will often require a grant of probate or a grant of letters of administration before they can be cashed in or sold. Some assets are owned jointly such as a joint bank account or a jointly owned house. Grants are not usually needed for these assets to pass to the surviving joint owner.
How long does probate take?
The "probate" procedure involves the personal representatives getting values of assets, taking from this any debt amounts and then sending an affidavit and details of value of the estate to the probate registry. The time involved largely depends on what is in the estate. If there is only a house then it will depend on the housing market and how quickly a sale can be agreed. If there are bank accounts (over £5,000 usually) then you may be able to get the grant within about one month. If there are shares however if could take longer. The more wide ranging the types of assets there are in an estate the longer it could take. If inheritance tax has to be paid, the values of the assets in an estate may have to be agreed with the inland revenue and this could take time.
Key stages of obtaining grant of probate
Key stages -
Need some help?
Initial advice appointment costs just £50 plus VAT
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