5 Uses For Laws
Cases Where Probate Lawyer Services are Critical
You will not be penalized for not seeking legal aid when handling the probate process. But you should think of this step when you think of the complexities involved.
A grant of probate is the legal authorization for an executor to do as the will has instructed. The executor needs it if they are to collect all that the deceased owned and divide it among the beneficiaries as they wished through their will. They too may be named as a beneficiary, and still perform the duties of an executor. Where there are multiple beneficiaries, only four of them can apply for a grant. They shall thus proceed to handle the issue as a team.
If there are no probate solicitors to handle it; the executor will have to rely on probate services to get the grant. For cases where there was no will, there would have to be an application for letters of administration. This shall also be the case where the named administrators are now ready to do what is expected of them. It is expected that you will come with a copy of this letter when you go to the probate office for the grant application. Probate solicitors are normally left with the wills, which allows them to offer expert probate legal services.
Where there is an inheritance tax charge on the estate, then at least a part of it needs to be paid before the grant is issued. The grant can be out before the tax authorities decide how much tax shall be charged on the estate. In case they come up with unfair figures according to you, you need to seek the counsel of a solicitor. A probate solicitor knows the intricacies of inheritance laws and tax matters. This is what is needed at that point.
The executor may find out that there are many banks and other financial institutions to be approached in the carrying out of their duties. This is how they shall have to carry so many copies of the sealed grant. There is no one who will accept copies not sealed or photocopies. The executor will, therefore, need to know the number of copies needed when applying for the grant. The serviceable rates shall be within the grant application.
When you think of all the intricacies that go with the work of managing such a process, it makes sense to seek professional assistance. The probate solicitor will get this done much faster. They will also prove useful for those who intend to sell property in the estate of the deceased.
They will also see to it that the inheritance tax amounts is not too high.