Probate and Estate Administration
Coping with the death of a loved one or a close friend imposes great strains on you and your family. If you are appointed as the Executor of the Estate, or are the Administrator designated by the rules of intestacy, however, you must also begin to comply with the provisions of the deceased’s Will or the administration of his/her Estate under the rules of intestacy if the deceased left no Will.
As an Executor or Administrator, you are under strict legal obligations to ensure that the debts of the Estate are dealt with, that any taxes are paid and that the assets of the Estate are distributed in accordance with the terms of the Will or the rules of intestacy.
We can deal with all of this, removing a considerable and time-consuming burden at a difficult time for you. Naturally, we can deal with all aspects of the administration of the Estate on your behalf, including:-
- Assisting with the funeral arrangements
- Arranging valuation of assets in the Estate
- Calculating Inheritance tax on assets and advising on possible means of reducing any or potential liability
- Advising whether any tax savings are possible
- Obtaining the Grant of Probate or Letters of Administration. Settling any tax liabilities arising during the winding up of the Estate
- Settling the Tax affairs of the deceased
- Settling any tax liabilities arising during the winding up of the Estate
- Arranging sale or auction of assets
- Arranging payment of any debts and legacies
- Advising on and dealing with the sale of any property
Collecting in and distributing the assets amongst the beneficiarie. Each Estate is unique and different and the matters needing to be addressed in administration will vary considerably in their complexity. Whatever the size of the Estate, from a few hundred pounds to many millions, we have the experience to deal with it in a sensible and cost effective manner, and can help the Executors or Administrators to comply with all their legal obligations with the minimum of difficulty.