When a person dies, you as the executor must have the authority to deal with the deceased’s assets in the form of property and/or possessions. The legal document that grants this is called probate, and we can guide you through the process to make it run as smoothly and efficiently as possible.
If the deceased leaves assets in their sole name that exceed £5,000 in total, a Grant of Probate has to be obtained. If there is no will, this is replaced by a Letter of Administration. In both cases, these documents give you the authority for the closing of bank accounts, selling or transferring of property, clearing of the deceased’s debts and the distribution of the estate to entitled heirs.
We understand that this can be a difficult time, which is why our team of specialist probate solicitors offers a flexible and tailored service with your needs, wellbeing and budget in mind. Some clients choose a full probate package whilst others may need help with only particular aspects, so we can offer the following services:
- Obtaining the Grant of Probate or Letters of Administration document only.
- The completion of the Inheritance Tax paperwork, either the short form account IHT 205 (2006) (where there is no inheritance tax to pay) or the full account IHT 400.
- The completion of income tax returns for the previous tax year and to the date of the deceased’s death.
- Telephone advice and assistance to guide you through the probate process if you wish to deal with all of the paperwork yourself.
- Checking documents on your behalf before they are submitted to the Probate Registry and HM Revenue and Customs.
Whether you want us to deal with everything on your behalf or simply look through your completed forms, we have seven qualified members of The Society of Trust and Estate Practitioners (STEP) that specialise in tax planning, trust and estates to an international high standard. Get in touch with our probate solicitors today and we can discuss exactly what will work best for you, taking the stress out of what can otherwise prove a demanding and stressful situation.