Posts Tagged Probate Attorney London
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Posted by admin in Legal Services on May 4, 2023
Probate is the lawful process that takes place after someone dies which facilitates the distribution of their assets and settlement of their debts. When an individual dies, their property and assets (referred to as their estate) are left behind. Probate is the legal process used to identify, value and finally distribute the assets of the deceased person’s estate, in accordance with the deceased person’s Will (should there be one). While it is possible to handle probate without an attorney, it can be a complex and time-consuming process.
The probate process starts when an executor or personal representative named in the will files a petition with the court initiating the process. If there is no will and no legal attorney to appointed to represent the deceased and their estate, the court will appoint an administrator to manage the estate.
During the probate process, the court will verify the validity of the will (if there is one), identify and catalogue the deceased person’s assets, firstly paying any debts and taxes owed by the estate and then distribute the remaining assets to the beneficiaries named in the will or, according to the law.
Probate can be a time-consuming and complex process, especially if the deceased person had a substantial or complicated estate. It is therefore highly recommended to work with an attorney who specialises in probate Sunbury to help navigate the process and ensure that everything is handled properly.
In some cases, probate Shepperton can be straightforward and simple, for example, if the estate is small, with few assets and a clear distribution plan, probate may be handled by the executor. However, if the estate is intricate, with significant assets, debts, or tax matters, or if there are disputes among heirs or beneficiaries, it is advisable to work with Lodge Legal Probate attorneys, who specialise in probate Walton and can assist with the navigation of the process. Working with an experienced probate West Byfleet attorney can help to ensure that everything is handled properly and that the estate is settled in a timely and efficient manner.
Lodge Legal solicitors will help you with the legal requirements of probate, including filing the necessary paperwork, complying with deadlines, requirements and communicating with the court and other parties involved in the process. They can also provide guidance on the distribution of assets and help to resolve any disputes that may arise.
It’s also a good idea to start thinking about making these arrangements once you reach the age of 18 years old. At this age, you may want to consider creating a will and designating beneficiaries for your assets, as well as selecting a person or persons to act as your executor, who will manage your estate after your death. It’s important to keep in mind that these arrangements are not set in stone and can be updated as your circumstances change. It’s always a good idea to consult with Lodge Brothers Legal attorneys to help you create a plan that suits your needs and goals.
Lodge Brothers offer efficient professional legal services
Posted by admin in Funeral Directors, Legal Services on January 12, 2018
Lodge Brothers Legal Services provide a free no obligation quote or initial advice. With over 200 years experience their legal services are sought after. They offer many services one being Probate attorney and Will Writers. Below they explain why its so important to have a will and how they can assit.
Probate Attorney London
When a family member or loved one dies, dealing with estate administration is often the last thing on a person’s mind. We offer an efficient, professional and above all personal service to make your life easier at such a distressing time.
When a person dies leaving a valid Will, the appointed Executors need to apply for a Grant of Probate to administer the Deceased’s estate. If there is no Will, the laws of intestacy apply and the law sets out which family member is entitled to apply for a Grant of Letters of Administration and administer the estate.
The process of administering an estate is commonly known as probate and involves:
- ascertaining the value of the Deceased’s assets and liabilities;
- dealing with the Inland Revenue Inheritance Tax return;
- preparing the probate papers;
- applying to the Probate Registry for the Grant of Probate or Grant of Letters of Administration; and
- collecting in the assets of the estate and settling the liabilities once the Grant is received.
Probate will be required to sell or transfer a house, sell or transfer shares and in most cases to close bank accounts. The assistance required by the Executors will depend on the finances of the Deceased, the terms of the Will, the family circumstances and how much work the Executors are willing or able to do.
OUR PROBATE SERVICES
Lodge Brothers Legal Services offer 3 levels of service to suit your requirements.
Fixed Fee from £250 (£300 inc. VAT):
- Executors prepare all probate forms;
- Executors make a personal application to the probate registry;
- We will check the forms are completed correctly; and
- Responsibility for the application remains with Executors.
Fixed Fee from £750 (£900 inc. VAT) plus disbursements:
- Executors responsible for registering death with all asset holders;
- Executors establish the assets and liabilities at date of death; and
- We will complete the probate papers, Inheritance tax forms and apply for the Grant of Probate.
Fixed Fee from £1,500 (£1,800 inc. VAT ) plus disbursements: This is our most complete service which will relieve you of the heavy burden of dealing with the estate when your thoughts are elsewhere.
- It ensures that probate is obtained quickly and efficiently.
- We will register the death certificate with the asset holders;
- We will ascertain the date of death assets and liabilities of the estate; and
- We will complete all the probate papers, Inheritance Tax forms and apply for the Grant of Probate.