Mr Bell was strenuous and diligent in protecting our interests and found us reliable lawyers properly versed in the appropriate law of the other country concerned.

Philip King

The Probate Process

JNB Law are experienced Probate Solicitors, having administrated probate over multiple decades.

A person’s estate is the combination of their assets and belongings. This can include:

  • Money
  • Property
  • Multiple Bank Accounts
  • Multiple Savings Accounts
  • Shares
  • Bonds
  • Personal Belongings

For initial advice you can use the contact form on this page, or call us on 0115 963 0179

Free Enquiry

 

How Does It Work?

The Probate process is the process of administering the estate of someone who has passed away. It involves the meticulous organisation of their money, possessions and assets, and distributing those as inheritance once all debts and taxes are paid off.

If the deceased has left a will, this process is undertaken by someone who is chosen as an administrator of the estate. This person or sometimes multiple people are known as executors of the Will.

What Happens?

  • 1: Check if there is a will
  • 2: If there is no will, follow the letters of administration process
  • 3: Value the estate and report it to the HMRC
  • 4: Apply for Probate
  • 5: Pay inheritance tax due
  • 6: Collect the estates assets ready for distribution
  • 7: pay off any debts including utility bills
  • 8: A tax return may be needed for the deceased
  • 9: Prepare the estate accounts
  • 10: A tax return may be needed for the period of administration
  • 11: Distribute the estate to beneficiaries

How can I  make sure this process is as smooth and quick as possible?

The time required can vary depending on how complex the probate is. The more complex the probate, the higher risk of making a mistake, unless you use a solicitor to do this for you. Many disputes can arise from mistakes during probate, and beneficiaries have and will dispute if they feel that have not been properly considered. As experience contentious probate solicitors, we know how things can go wrong if not done properly.

We can offer a fixed fee service for dealing with the probate process of an estate. The fees can vary depending on the complexity of the estate. This is to be fully expected and is a standard approach by solicitors across the UK.