LEGAL SUPPORT
First Steps – Is there a Will?
A Will is a
document that sets out who is to deal with the winding up of the deceased's
affairs (called the Executor) and states who is to receive the deceased's money
and property. Importantly, the Will may contain specific requests by the
deceased about the arrangements to be made for their funeral so it is advisable
to obtain access to the Will before finalising the arrangements with the funeral
director. The Will is normally kept in a safe place. If a solicitor has made the
Will they will often hold the original document.
What if there is no Will?
If a person dies
without making a Will their assets will be distributed in accordance with the
law of intestacy. The people entitled to benefit will depend on whether the
deceased was married or not, had children or other dependants and upon the size
of the estate. The Intestacy Rules also specify who is responsible for dealing
with the administration of the estate. If there is no Will it is important to
take legal advice to confirm your legal position before you proceed.
Next Steps –
Dealing with the Estate
When someone
dies leaving property, money or possessions it is usually necessary to apply for
probate before these assets can be accessed by the Executor and distributed in
accordance with the terms of the Will or the Intestacy Rules. “Probate” is a
generic term used for the official document issued by the Probate Registry to
confirm that the Executor (or Administrator under the Intestacy Rules) has the
authority to deal with the deceased's assets. If there is a Will it is called
the „Grant of Probate. If the deceased did not make a Will it is called the
„Grant of Letters of Administration.
The Executor or Administrator can apply personally for the Grant at the Probate
Registry but the administration of an estate can be complex and time-consuming
to deal with, particularly if the estate contains a lot of different assets,
debts, is subject to inheritance tax, or if there are potential difficulties
within the family. It is sensible to take legal advice before starting the
process and you may decide to appoint a solicitor who can help you with the
legal burden.
How can we
help?
Whether you are
an Executor or next of kin; whether you require some simple advice to enable you
to start the process yourself or someone to deal with all aspects of the
administration, we can provide sensitive, practical help and guidance to you.
Taking advice from a solicitor needn't be an expensive business and we are happy
to discuss fees with you before we start any work. We guarantee that there will
be no hidden charges and often we can give a fixed price for work to be
undertaken on your behalf.
For more information on obtaining probate, how to make your own Will or for
enquiries contact us www.mckinnells.co.uk
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