What is Probate?
Probate is the process of dealing with the estate of someone who has died. A Grant of Representation is required to give you the legal right to deal with the deceased’s assets.
When there is a valid Will, the Grant is issued to the Executors by the Probate Court and it is called a Grant of Probate.
If there is no Will, the Grant is issued to the next of kin under the Rule of Intestacy and it is called a Grant of Letters of Administration.
Probate can often be a complicated process that comes at a time when you are already dealing with a devastating event in your life.
The Probate process is governed by law and usually includes the following:
Settling all the debts and expenses.
Obtaining the Grant of Probate or Letters of Administration from the Probate Registry.
Determining the assets of the deceased and their value.
Paying the gifts as directed by the Will
Distributing what remains of the estate to the beneficiaries in accordance with the Will or the Rules of Intestacy (if there is no Will)
Preparing Estate Accounts.
Closing accounts and collecting in the assets.
Ascertaining whether there is enough money available to pay the deceased's debts.
Completing Inheritance Tax Forms for HMRC confirming if any tax is payable
If Inheritance Tax is due, settling the payment with HMRC (all or part payment needs to be paid before the Grant of Probate is issued)
Here at Evergreen, we would strongly recommend making a will to help your loved ones when the time comes
How can I find out more?
If you would like further information on Probate, please complete the form below or call us on 01322 431765, where we can put you in touch with one of our Community Partner Solicitors who will be able to answer all your questions and provide you with sensitive advice. They can also represent you should you wish to proceed and offer a discounted rate through Evergreen Care UK.
Evergreen was founded as our response to the growing challenges we see within the care sector. Launched in 2014, we have supported well over 2000 older people in the Bexley and surrounding Boroughs with a range of services. But what makes our Charity stand out from the rest is the wonderful relationships our staff build with their clients and their family members.
Our mission is simple: Through Christian love, we seek to support people to achieve the highest quality of life and self-worth. Leading with innovation, treating with compassion and valuing each person, we enrich lives, improve the health and wellbeing of communities, and respect and care for the physical, emotional, and spiritual needs of people, bringing peace of mind to those we serve. Our mission calls us to care for the sick and disadvantaged as expressed in Matthew 25:35-40