How can a solicitor help you with Probate?
At Farnworth Rose, we understand that dealing with the estate of a loved one who has passed away can be a difficult and often daunting task.
That is why our specialist probate team offer expert legal advice to help ease the burden at what is a particularly stressful time.
In this article, we outline the benefits of instructing a specialist solicitor to provide advice and support when administering an estate.
What does probate involve?
Put simply, probate is the process of dealing with the estate of someone who has passed away.
The person named as the executor of the Will is responsible for dealing with the estate and carrying out tasks including closing bank accounts, paying taxes and bills and distributing any money or property to those who are entitled to it.
In many cases, probate can become a lengthy and time-consuming process, with a considerable amount of administrative, legal and tax work involved. In most instances, probate can take months to complete.
Why seek professional advice?
Many people do choose to handle probate themselves without seeking the advice of a solicitor. Where the estate is small and uncomplicated, it is possible to complete probate yourself.
However, we would always recommend that you seek professional advice if:
- The estate is large and complex
- There are inheritance tax issues to consider
- There are any foreign assets
- The deceased died without a Will or there are doubts regarding the validity of the Will
- The estate is bankrupt
A qualified solicitor will be available to guide you through the entire probate process from applying for the Grant of Probate and dealing with inheritance tax through to dealing with all aspects of the estate.
By instructing a probate solicitor you can be confident that their expertise will help make the process as hassle-free and as quick as possible.
Alternatively, taking a DIY approach to probate can mean committing a considerable amount of time to the process. You must always be aware that without professional help, you could become legally or financially responsible for any errors that are made.
Why choose the specialist solicitors at Farnworth Rose
Here at Farnworth Rose, we have an experienced team waiting to provide the advice and support you need when administering a loved one’s estate.
Our Wills and Probate Solicitor, Amanda Coates, has an in-depth knowledge of estate planning, inheritance tax and trusts allowing her to provide expert advice to clients. Amanda is also a student member of the Society of Trusts and Estates Practitioners (STEP).
You can find information on the cost of Farnworth Rose probate services here.
How to contact the probate team at Farnworth Rose
To talk to a member of the specialist team at Farnworth Rose, call us today on 01282 695 400.
Or, if you’d prefer to arrange a call back at a time that suits you, simply complete our online contact form here.