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When Probate Lawyers Are Invaluable You may wonder why you would need probate solicitors Surrey at all when a loved one dies. One instance that you should is if you are named as an executor in a will. This is the person who carries out the last wishes of the deceased person. A will should always be read as soon as possible in case there are instructions on preferences for the funeral. This individual has to apply for probate to be granted in order that the estate can be administered. This is the easiest way to distribute inheritances to the recipients. http:// www.owenwhitecatlin.co.uk/

When Probate Lawyers Are Invaluable

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Page 1: When Probate Lawyers Are Invaluable

When Probate Lawyers Are Invaluable

•You may wonder why you would need probate solicitors Surrey at all when a loved one dies. One instance that you should is if you are named as an executor in a will. This is the person who carries out the last wishes of the deceased person.

•A will should always be read as soon as possible in case there are instructions on preferences for the funeral.

•This individual has to apply for probate to be granted in order that the estate can be administered. This is the easiest way to distribute inheritances to the recipients.

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Page 2: When Probate Lawyers Are Invaluable

•However, if someone dies intestate, that is that they have died without leaving a will, matters get a little more complicated. In this case the administrator is often a person who was close to the deceased and this person will have to apply for letters of administration.

•Sometimes there is more than one person who was close and in this case your lawyer can help you out to determine priorities. Of course if you are the spouse of the person who has died it may not be necessary for a grant of representation to be needed. You probably owned possessions and assets jointly and everything will automatically go to you.

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Page 3: When Probate Lawyers Are Invaluable

•However, if this is not the case there are many points to consider. If there is a property involved it will have to be valued. There are also bank accounts to consider, life insurance policies and savings.

•When considering involving a solicitor, it may be to your advantage to see if they are members of STEP which is the Society for Trust and Estate Practitioners. This is a world-wide body dealing with inheritance and succession.

•Another instance where you definitely will need a good solicitor is when a will is being contested. This is where someone is of the opinion that the assets in a will are not shared equally between various members of a family.

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Page 4: When Probate Lawyers Are Invaluable

•You do need to know that a will can only be contested if you think it is not valid or if the provisions in it are not fair. You cannot question it if you do not agree with what the deceased person has decreed. The new statute that became law in October 2014 also makes inheritance by step-children and adopted youngsters fairer.

•There are many people nowadays who are in a partnership and not necessarily married. For these individuals this law is addressing the needs of modern society.

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Page 5: When Probate Lawyers Are Invaluable

•If you are an executor, grant of probate is often given much faster than if you were to do things yourself. If you go it alone you will have to appear personally for an interview with the Probate Registry. This is not necessary if you instruct a lawyer.

•If the will is subject to Inheritance Tax, a solicitor may be able to reduce the tax burden. This is done via a deed of variation.

•For all questions about executing a will probate solicitors Surrey will answer your questions. Please visit www.owenwhitecatlin.co.uk

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Page 7: When Probate Lawyers Are Invaluable

Thanks for your time

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