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Losing a loved one is challenging, and handling their estate can add additional stress. For many people, dealing with probate is a new experience, so understanding the essentials is crucial. If you’re searching for a probate lawyer or want to know how local probate solicitors can assist you, our guide is here to give you a complete guide and overview.
What Is A Grant Of Probate?
A grant of probate is a legal document issued by the Probate Registry, authorising an executor to administer the estate of someone who has passed away. When someone dies, their assets:
● Money
● Property
● Possessions
The grant of probate formally recognises the executor’s authority to carry out these tasks. It’s important to note that a grant of probate is only required if the deceased left a will. If there’s no will, a similar document, known as a grant of letters of administration, is needed to appoint an administrator instead.
When is a Grant of Probate Needed?
A grant of probate is typically needed if the estate includes:
● Property or land in the deceased’s sole name
● Bank accounts with significant funds
● Investments, stocks, or shares
Not every estate requires probate. If the estate is small, or assets are held in joint names, these may pass automatically to the surviving partner without needing probate.
How to Apply for a Grant of Probate
Applying for a grant of probate involves a few key steps. First, the executor will need to assess the estate's value and file the necessary paperwork, including any required tax forms. This part can be complex, as inheritance tax may apply depending on the estate’s value.
Once the estate’s value is confirmed, the application is submitted to the Probate Registry. After processing, the grant of probate is issued, allowing the executor to begin distributing the assets.
Using a probate lawyer can streamline this process, especially for larger or more complex estates.
Using A Probate Lawyer
Dealing with probate can be time-consuming and stressful, particularly during a period of grief. Probate solicitors provide professional support, helping to manage the legal and administrative aspects with expertise and efficiency. At PJE Solicitors, our probate team is dedicated to providing clear, compassionate support throughout the probate process.
PJE Solicitors: Find A Lawyer In Cardiff Or Pontypridd
If you’re dealing with probate and need professional guidance, contact PJE Solicitors today. With our experience in probate law, we make the process as straightforward as possible, so you can focus on what matters most. Whether you’re in Cardiff or Pontypridd, our local team is ready to help.
To learn more about our probate lawyers, feel free to get in touch with our team today
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