Probate is the word commonly used to describe the process of dealing with the estate of someone who has passed away.
We know that losing a loved one is a difficult time so we aim to make the added complication of probate as straightforward and hassle-free as we can. Our dedicated probate team has years of experience and offers a first 30-minute free probate consultation at either of our offices.
The probate process usually involves the following:
Following the issue of the Grant of Representation (which could be a Grant of Probate or a Grant of Letters of Administration), the Personal Representative(s) named on the Grant of Representation are entitled to receive the assets on behalf of the estate.
Some organisations will transfer assets to Personal Representatives without asking for a Grant of Representation. Some or all of the assets may need to be sold. All testamentary expenses and debts of the estate should be paid before the estate is fully distributed to the beneficiaries. Estate accounts should also be prepared. The estate accounts will help the calculation of any income tax and/or capital gains tax that may be payable by the estate as well as setting out how the distributions are calculated.
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Harding Evans is a trading name of Harding Evans LLP, a limited liability partnership, registered in England & Wales (registered number: OC311802), authorised and regulated by the Solicitors Regulation Authority (SRA number: 419663).