When someone dies, you need to get the legal right to deal with their property, money and possessions (their estate).
Different situations have different processes for obtaining probate and the process can seem quite daunting, especially at a time when you are faced with loss and uncertainty.
At Kitcat & Co Solicitors we are specialist probate solicitors in the Malvern area. We are ideally placed to help obtain the grant of probate, or, to take you through the full administration of the estate including obtaining the grant, dealing with any tax, collecting in assets, settling debts and distributing the estate. This will help speed the process up and ensure it is done correctly the first time providing you with full transparency and clarity.
If there is a will, the named executor will need to apply for a grant of probate. A grant of probate is an official document issued by the court, which is usually needed to administer the estate.
If there is no will, the process is more complicated. An application for a grant of letters of administration will need to be made through the courts. This process will determine who the administrator of the estate will be and is determined by a set order of priority.
For more information please see the following articles:
To obtain the grant of probate only: £850 plus disbursements
Full estate administration:
We will quote a fixed fee specific to the estate. This is usually a maximum of approximately 2% of the value of the estate plus disbursements such as the court fee. It is dependent on the complexity of the assets involved, for example if there are multiple shareholdings or assets overseas, there is going to be far more work involved than if there is just a property in joint names and a couple of bank accounts.
At the start of the matter, we will need you to bring in details of the deceased’s assets and liabilities as well as information like their National Insurance number, their last address and any funeral expenses. We will write to all of the relevant financial and government institutions to establish the precise values of their assets (property, money, investments, insurance policies, etc) and liabilities (credit cards, debts, outstanding bills, care fees, funeral fees, etc) at the date of death. At this stage we can send the funeral account to the deceased’s bank for early settlement. I will use the financial details to prepare the estate accounts and to complete the necessary forms for HM Revenue & Customs. We will also draw up the probate oath and arrange for the swearing of the oath. Once this is done, I will submit all of the paperwork to HMRC and the Probate Registry. On receipt of the grant of representation I will write to all of the institutions to collect in the assets of the estate. Having collected sufficient money in, we will settle any remaining liabilities and look to begin distributing money under the will or intestacy. The deceased’s income tax position will be settled with HMRC. We can also take steps to sell or transfer any property at that stage. Property can be put on the market before the grant is issued, but we can only transfer it once we have the grant. At the end of the process I will provide the executors and the residuary beneficiaries with a complete set of estate accounts to give them a full picture of the estate.
We will discuss the assets and liabilities of the estate at your initial meeting and provide you with a quote for completing the work. If during the course of the administration, it becomes clear that there is more work involved than initially anticipated, we will always discuss this with you before going ahead.
Dealing with a probate requires the consideration of a range of important details so we have prepared a probate questionnaire for our clients to complete. This questionnaire points clients in the direction of the information that we will need in order to make our initial interview as productive as possible.