As an executor, the process of probate can seem overwhelming. Probate is the legal process of administering a deceased person’s will, or estate under the intestacy rules and distributing their assets to the designated beneficiaries. It can be a complex and time-consuming process, but with the right guidance, it doesn’t have to be. In this article, we’ll walk you through the probate process and provide you with the information you need to navigate it with confidence.
What is Probate?
Probate is a legal process that verifies a will’s validity and administers the distribution of a deceased person’s assets. The process begins with the appointment of an executor, who is responsible for managing the deceased person’s estate and carrying out the instructions outlined in their will. The process is similar when handling an estate without a will, known as an intestacy.
The Probate Process
The probate process can be broken down into several stages, including:
- Inventorying and valuing the deceased person’s assets
- Filing an account to HMRC
- Filing an application with the court to apply for probate
- Notifying beneficiaries and creditors
- Paying debts and taxes
- Distributing assets to beneficiaries
Each stage of the probate process requires careful attention to detail and a thorough understanding of the laws and regulations involved. An experienced probate solicitor can help ensure that the process goes smoothly and that the deceased person’s assets are distributed according to their wishes.
The Benefits of Hiring a Probate Solicitor
While it is possible to navigate the probate process on your own, hiring a probate solicitor can provide several benefits. A probate solicitor will:
- Provide guidance and support throughout the probate process
- Handle the legal and administrative aspects of probate
- Protect your rights and interests as an estate executor
- Help ensure the probate process is completed in a timely and efficient manner
- Be regulated – meaning that you are protected should anything go wrong
By working with a probate solicitor, you can have peace of mind knowing that the probate process is being handled by a professional with the experience and knowledge necessary to ensure that the deceased person’s assets are distributed according to their wishes.
Ensuring the probate process goes smoothly
Navigating the probate process can be a complex and overwhelming experience, but with the right guidance and support, it doesn’t have to be. By working with an experienced probate solicitor and following the steps outlined in this guide, you can ensure that the probate process goes smoothly and that the deceased person’s assets are distributed according to their wishes.
If you would like to speak to us about probate, please call us on 01279 295047 or get in touch via our contact form.