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.
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.
Your Will remains a private document until the Grant of Probate is obtained. Until that point it is only the executors who are entitled to see it.
Most people will have kept paperwork when they die which makes it relatively easy for the executor to locate the deceased person’s assets.
The simple answer is yes but there are a few things you need to be aware of before embarking solely in the role of an executor.
This is the vital legal document which must be obtained by the executors before most financial institutions such as banks or building Societies, that are holding assets or investments for the deceased will release any funds…
As an executor you are responsible and have a legal duty to administer the deceased`s estate in accordance with their last wishes and as set out in their Will.
Recent News that Probate fees are set to rise have been met with mixed feelings from those within the Legal profession and the Public.