Probate
Probate is the legal process of settling the estate of a deceased person and distributing the deceased's assets (not just property) under their Will or in accordance with the rules of intestacy if there is no Will.
When a loved one passes away there can be numerable matters to sort out, registering the death, contacting a funeral director, informing relatives and friends of an extremely sad event. There is usually much more to be done in respect of 'winding up' the estate, and this is at a time when the bereaved relatives are feeling confused and emotional, and this can lead to mistakes being made.
The Willwriting Service (Reading) can assist.
We can provide a list of actions that need to be taken in the order of importance, e.g.
1. The death should first be registered at the Registry Office.
2. A funeral director should begin to arrange the funeral (any Will should always be checked with regard to special wishes and requests, e.g. cremation or burial, music to be played at the service, specific flowers, donations etc.)
3. The Executor should be notified so that the estate can be administered.
Administering an Estate can be a time consuming and complicated procedure, involving completion of forms with regard to the Grant of Representation, possible Inheritance Tax liability, careful and accurate accounts of all the assets held by the deceased
There may also be property, a house or flat, that needs to be sold, so that the proceeds can be distributed to the beneficiaries.
We can act assist with just those issues that you are finding difficult, or can offer a complete service:-
We can
1.Arrange the funeral;
2.Establish the extent of the deceased’s financial liabilities;
3.Acquire and complete all documentation;
4.Establish the amount of Inheritance Tax payable to HM Revenue & Customs;
5:Call in the assets of the deceased;
6.Provide detailed accounts for beneficiaries
7.Value property;
8.Sell any property
9.Distribute the assets of the estate to the beneficiaries;
10. Provide detailed accounts.
If you have suffered the loss of a loved one and feel help is needed at a difficult time, please contact us to discuss how we may be of assistance on 0790 388 4278