Probate is the legal process of dealing with somebody's assets after they have passed away. The executor of the will is usually named to complete Probate and ensure that assets are divided accordingly.
If you are instructed to complete Probate on an Estate, you are legally responsible for making sure that all debts are settled and any necessary Inheritance Tax is paid. Currently, the threshold for Inheritance Tax is £325,000, however there are many factors involved in calculating the tax owed, including lifetime gifts.
Our experienced Probate Solicitors in Eltham, can provide legal support for executing a will. We can provide as much support as you would like, from dealing with the whole process ourselves, to supporting with particular documentation.
We understand that this can be a difficult time for you and your family, so we will strive to deal with matters as sensitively and efficiently as possible to avoid unnecessary stress.
Our experience of probate covers a range of areas including:
Will disputes
Dependents left out of the will
Validity of Probate
Inheritance Tax
International affairs including foreign assets
Trusts
Gifts and distribution of assets
Settling debts or Insolvent Probate
Probate can sometimes take up to 12 months depending on the complexity of the estate. This can have additional financial and practical implications for you and your family.
Get in touch with Eltham Probate Solicitors and let us support you through this complex time. We will keep you informed throughout the process and make sure the Estate is administered according to your loved one's wishes.
Mandy Peters
Eltham Probate Solicitors
Tel: 020 8297 4414