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5 important aspects of probate & trust administration
If you’re responsible for distributing someone’s assets when they die, there are a few aspects of probate & trust administration you’ll need to consider.
What are the duties of a will executor?
The duties of an executor of a will range from registering the death, arranging the funeral to dealing with assets and applying for probate.
How Much Does Probate Cost?
Before you decide on paying for a probate service, it’s important to know its intricacies and how much it costs.
Do I need probate if I have power of attorney?
Even if you have power of attorney during a person’s lifetime, you might still need to apply for probate when they die.
How long does probate take?
The probate period can take a long time and is difficult to understand, something you don’t need as you deal with the estate of someone who’s passed away.
Foreign Assets and Probate
Do you own properties abroad and want to leave them in your Will? Let us explain the Probate process for dealing with Foreign Assets.
Do I need probate if my husband or Wife Dies?
You may not need to apply for a Grant of Probate if everything you own is held jointly with your husband or wife including your matrimonial home.
What if I can`t find any Will?
After conducting the initial search of the deceased`s property if you are unable to locate a Will what should you do Next?
Probate Fees set to rise and increasing delays in the new online service
The Government is set to increase the current Probate fee to £273 for all applicants. Their argument being that it costs more to deal with the applications at the Probate Registry than the fees currently being charged.
However, at the same time the new online application process for obtaining a Grant of Probate has seen long delays…
Wills and the Digital Assets Dilemma
There are increasing concerns amongst Probate professionals in relation to accessing digital assets when dealing with estate administration. Recent research has discovered problems surrounding property rights to such assets.
What can cause Probate delays?
How long does Probate take is a common question people ask and in reality, there is no definite answer to this as each and every deceased person`s estate is unique to them.
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If you have any probate questions, don't hesitate to get in touch with our friendly and supportive wills and probate services team. We're here for you.