The executors who undertake the work of probate are subject to very strict rules and carry personal liability if they do anything wrong, even by mistake. For this reason, a lot of people will want a probate specialist to carry out the work on their behalf.
Anyone who is nominated in a Will as an executor can delegate the work to a professional person, allowing them to find someone who is local and therefore easily accessible for updates. It also means they are properly trained and qualified as well as being experienced in probate matters. They can, therefore, deal with probate far more quickly than someone who will only do it once or twice in their lifetime, thus ensuring that the estate is distributed more quickly than would be the case for a non-professional executor.
Questions to think about
Various terms are used to describe dealing with the assets of someone who has died, including ‘Estate Administration’ and ‘Probate’. Probate is the official proving of a will and the distribution of the deceased’s property, accounts and any gifts that have been specified as well as any complications along the way. This is usually done by the executors in the Will.
The length of the process depends on the complexity of the deceased’s assets and various factors. For example, it would be easier for the administration if there is only one bank account and very few other assets in comparison to someone with a number of properties, accounts and shares. If the executors can dedicate more time to dealing with the assets, this will also speed up the process. It usually takes between six and nine months but can take anywhere up to several years to fully complete.
A blood relative would become administrator of the Estate if there is no Will in place and would complete similar tasks to what an executor would. Without an Administrator the estate would become ‘intestate’ meaning it would follow intestacy rules to be distributed correctly. We can lend assistance and help with aspects of the administration to help ensure the tasks are less stressful.
The prospect of dealing with probate and sorting out all their financial affairs and winding up their estate and complying strictly with the terms of the Will or Laws of Intestacy can be a daunting prospect. That is where we are here to help.
We appreciate that this will be a difficult time and if you are dealing with an estate, acting as either executor or administrator, we are here to help you; if you need it. Our promise is to make your experience of dealing with us as stress free as possible. Our legally qualified, experienced estates and probate solicitors will make sure that everything is dealt with quickly and properly.
Our main aim is to make the whole process quicker, simpler and less stressful for everyone involved.
Most of our services are charged for on a fixed fee basis, so that you are fully appraised of the cost at the outset. We occasionally charge on a time-spent basis, but our hourly rates are significantly less than typical law firms.
We appreciate that this will be a difficult time and if you are dealing with an estate, acting as either executor or administrator, we are here to help you; if you need it. Our promise is to make your experience of dealing with us as stress free as possible. Our legally qualified and experienced estates and probate solicitors will make sure that everything is dealt with quickly and properly.
We offer a wide range of services to executors, administrators and trustees depending on their circumstances. These include:
Dealing with the entire estate administration for you
Helping you to complete IHT returns and obtain a Grant of Probate
Offer you intermediate services to help you deal with specific aspects of the estate administration or to provide you with general support
Offer advice and guidance by telephone support.