Probate is the process of 'proving' a Will after death and then allowing the appointed Executors of the Will to administer the deceased's estate, with all that entails. Often people simply appoint family members to be Executors, without thinking through if it is appropriate or even possible for those people to fulfill that important role.
Appointing Professional Executors takes the burden off family members at such a traumatic time and eliminates their future liabilities and the possibility of any legal action should they make any mistakes in handling the procedure.
We especially advise the use of professionals where certain Trusts are involved, to ensure they are set up as specified in the Will but with suitable changes if necessary to ensure ongoing tax efficiency and be flexible enough to adapt to the circumstances and needs of the family now and in the future.
Our professional dedicated specialist partner at Collective Probate Solutions will deal with HM Revenue and Customs and the Land Registry, obtain the Grant of Probate, set up and maintain any trusts mentioned in the will and recommend alternative action where appropriate. This can even include a Deed of Variation, which can change the terms of the Will within 2 years of death, with the agreement of all beneficiaries concerned.
Awareness of of up to date legislation and HMRC practice ensures that the whole process is dealt with efficiently and knowledgeably. We can help at any stage of the probate process, and whether or not we have been involved in drawing up the original Will itself. Fees for full probate are based on a percentage of the estate value and therefore notified in advance, unlike some other providers who charge an hourly rate, often exorbitantly. Fees for assisting in part of the process such as trust set-up are agreed in advance in writing.
All this is done with the sensitivity and care you associate with The Will Lady as your first point of contact.
A flexible, professional, efficient and highly competitive service. Please ask for further details.