Category: Dealing with an Estate (Probate)
How to Apply for a Grant of Probate in the UK
What is a Grant of Probate? A Grant of Probate is an official legal document issued by the court, giving the named executor the authority to manage and distribute a deceased person’s estate according to the instructions laid out in their will. Without this grant, banks, building societies, and other institutions will not usually allow…
How to Distribute an Estate in the UK: Key Steps Explained
Introduction to Distributing the Estate When someone dies, their estate – which includes their money, property, possessions, and any debts – must be managed and distributed according to the law. Distributing the estate is a key part of this process. It involves gathering all assets, paying off any debts and taxes, and then sharing what…
Executor Duties: How to Handle Estate Assets and Debts
Introduction to Executor Duties Introduction to Executor Duties When someone passes away, it is often the executor named in their will who takes on the responsibility of managing their estate. An executor is a trusted individual (or sometimes more than one person) appointed to ensure that the deceased’s wishes, as set out in their will,…
Estate Administration Costs and Timelines Explained Simply
Introduction to Estate Administration Costs and Timelines Estate administration is the process of managing and distributing a person’s assets after they have passed away. This involves identifying all the assets and debts, paying any outstanding liabilities (such as taxes or loans), and ensuring everything is distributed according to the will or, if there is no…