Legal experts named again in prestigious Legal 500
Specialists from law firm mfg Solicitors have once again been named among the best in the country...
When someone close to you dies, somebody has to deal with their "estate". A person's estate is considered to be made up of the money, property and any possessions they had at the time of their death. The process of Probate involves collecting any money that is owed, settling any debts due (including outstanding taxes) and dividing the estate amongst the respective beneficiaries.
All assets (including property) in an estate will remain frozen, until the Probate Registry gives the authority (via a document know as a Grant of Representation) to the "executor" nominated in your Will, . If you have no Will, then it is up to the most appropriate member of the family member to act on behalf of the estate.
If there is a Will, the estate will pass to the people named in the Will. If there is no Will, certain rules, known as the Rules of Intestacy, will apply.
Whether you are an Executor or the next of kin, we can provide practical guidance to help you deal with the administration of someone's estate. We can help you determine the size of an estate for Probate and Inheritance Tax purposes. We can prepare an application for the Grant of Representation on your behalf, and help you lodge the required forms with the relevant organisations to collect monies due to the estate and settle any outstanding debts.
We can arrange the transfer or sale of any shares, and work with our residential property team to handle the sale of any property or land owned by the deceased.
Further detail of our pricing scales for Probate - click here.
For more information on Probate and Estate Administration, or to enquire about an initial consultation, please call us on 0845 55 55 321 to speak to one of our friendly experts, or contact your local mfg office. Alternatively, please fill out an enquiry form and a member of our team will be in touch shortly.
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