Estate Administration
Probate is a procedure that has to be followed after a person has died (if total assets exceed £5,000). A grant is required on death which gives a Personal Representative/Executor the right to administer the deceased’s estate.
The Executors or Personal Representatives have two years to administer a deceased’s estate. After obtaining the Grant, Executors will then collect the deceased’s assets, pay all debts on the estate and, if the estate is a solvent estate, distribute the remaining estate as per the Will or as per the intestacy rules.
In many circumstances this is an arduous task for a non professional
For more information or if this raises any questions please contact us... our Independant Financial Advisors cover the South Wales and the South West regions.
For more information on how we act on behalf of our clients, our payment structures and terms please read our Retail Client Agreement (here).