Probate and Estate Administration
Probate is the name given to the procedure of handling persons estate when they pass away.
This process is required whether or not you have a valid will in place. However, having a valid and up to date will in place ensures your legacy is protected and your wishes are respected.
When is Probate not needed?
Probate is not needed if you hold assets jointly or your estate is worth less than £5,000.
I have been named as an executor, what do I need to do?
As an executor you are responsible for administering the deceased estate. It can seem like a daunting job as you will need to calculate the exact value of the estate before applying for a “Grant of Probate” from the probate registry. This includes paying off any debts incurred and distributing assets in accordance with the Will.
Our specialist probate partner can guide you through the process. Whether you wish to administer the estate yourself or instruct us as executors we are able to handle all the paper work and formalities.
How can we help you?
Contact us on 01202 802807 for a no obligation meeting at our Bournemouth office. Even if you wish to handle the estate alone, please still call us if you have any questions.