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Probate

In order to fulfill your role as an Executor/Administrator you will need a Grant of Representation; which is formal proof from the Probate Registry indicating that you are entitled to administer the estate of the deceased.

Without it, you may not be able to collect all of the assets for distribution between the beneficiaries.

How long does the process take?

Depending on how complicated the estate is, dealing with the administration of an estate can take months. Be sure you can cope with the additional demand on your time.

Do I need a Solicitor?

As an Executor/Administrator, you can apply to obtain the grant and administer the estate yourself. However, you should ask yourself whether you happy to take on the responsibility.

As an Executor/Administrator you are legally responsible for collecting in the assets, paying all liabilities and correctly distributing the estate. You are also personally liable for any mistakes or incorrect distributions.

It is therefore important that you understand the Will.

The law relating to Wills, their execution and what they mean has developed over hundreds of years. It is fundamental that you understand that law to be able to administer the estate successfully.

As an Executor/Administrator you are personally liable for compensating any beneficiary who has lost out if, for instance, a will was not amended properly but the executor follows it anyway.

By using a Solicitor you’ll have peace of mind as all client monies are held in a protected client account and we are covered by professional indemnity insurance.

It is not uncommon for family rows to break out over who should take what assets, whether to sell assets quickly or hold out for a higher price, and so on. Using a professional can avoid this type of infighting as we will act independently.

Why choose James Murray Solicitors?

At James Murray Solicitors we have a specialist Wills & Probate Department.

We will identify and collect the relevant assets and ensure that all liabilities are discharged accordingly.

Our experience means we can ensure that Probate applications are drafted correctly and swiftly, meaning that assets can be quickly distributed between the beneficiaries.

We will also assess any Inheritance Tax liabilities and we will complete the Inheritance Tax account form, which must be submitted even if there is no tax to pay.

Fees

Obtaining Grant of Probate – £500 +VAT
Administration of Estate – Can be variable depending on the size and complexity of the estate. Please call our office for further information.