The Future Of Legal Services

T:01260 241000

Probate

Overview

When someone dies, you may be able to apply for a ‘grant of PROBATE OR ADMINISTRATION’. This gives you the legal right to deal with the person’s property, money and possessions (their ‘estate’). The right to deal with the estate of someone who has died is commonly called ‘probate’.

So what do I do?

In most cases, the basic process is as follows:

1. Check if there’s a will - this normally states who sorts out the estate; if there’s no will the next of kin can apply.

2. Apply to get a ‘grant of probate or administration’ - this gives you the legal right to access things like the person’s bank account.

3. Pay Inheritance Tax - this is only paid if the estate’s worth over £325,000 and is part of applying for a grant of probate or administration - once you’ve paid any tax due, you can collect the assets.

4. Collect the assets - eg money from the sale of the person’s property.

5. Pay any debts - eg unpaid utilities bills.

6. Distribute the estate - this means giving any property, money or possessions to the people entitled to it (‘beneficiaries’).

When a grant may not be needed??

You don’t normally need a grant if the estate either:

passes to the surviving spouse/civil partner because it was held in joint names – eg a savings account
or doesn’t include land, property or shares

You should contact the organisation holding the money - eg the bank or building society. They may ask for proof of death - eg the death certificate after the death has been registered.

We at ALPS LEGAL can take the pain out of the application ,

We charge £ 480 inclusive of vat to obtain the grant of probate and thereafter we can give you a fixed quote when we have seen the work needed to be done on the estate,in relation to collecting in and distribution of the assets , or you can choose to do this yourself.

contact us

ALPS Legal Practice Ltd
Sunnyside Mill, Highfield Road,
Congleton, Cheshire. CW12 3AQ

Tel: 01260 241000
Fax: 01260 292584

ALPS Legal Practice Facebook ALPS Legal Practice Twitter ALPS Legal Practice Linked In  Investor In People

ALPS Legal Practice Ltd is Authorised & Regulated by the Solicitor’s Regulation Authority.

website by Micklesoft Ltd