What is Probate and Administration?
Whether you have prepared a will or not, probate will be initiated to handle all properties, possessions and finances in your name after you have passed. Probate and administration is basically the process of fairly distributing your estate and all associated assets, typically in accordance with your will. For this stage, an executor will need to be appointed to oversee and implement the conditions of your will or arranges made to distribute your assets. This can either be a person or an institution your trust to honour every detail of your estate. It is important for your administrator to have evidence of they right to process your affairs, this can easily be done through your will or any other legal document.
Probate with Whiterose Blackmans Solicitors
When it comes to applying for probate and choosing your trusted administrator, you will need professional legal support from an experienced and dedicated solicitor. Our team at Whiterose Blackmans Solicitors LLP can help to arrange the process alongside your will to cover all important aspects of your estate such as financial accounts, properties and business assets. If a will is inaccessible then the administrator must be mentioned in an alternate legal document in order for them to have any control over your probate. We provide legal assistance on details involving will writing, asset distribution, trusts, property trusts and most of inheritance tax. There may not always be a tax inheritance to pay but when there is, it is paid by those who you have left your property or money too and Whiterose Blackmans Solicitors LLP are more than capable of dealing with any issues that could occur from your estate’s value.
How a Will Can Help With Probate
Probate and administration should ultimately determine who will receive what part of your estate and when. A clear will can often make the process significantly easier to manage but in some cases, it can be extended or delayed.
Probate can be implemented without a will but with very little direction and specification, it can be difficult to distribute assets to their intended recipients, especially if there is no evidence of their right to inherit.
In cases where a next of kin cannot be located, the government or the crown may be able to seize all available goods for sale.
One of the worst hindrances that can affect probate is invalidity of a will, if certain documents contain an error or lack the proper signature, then certain stages maybe postponed to be investigated. For further information on how a will could be invalid, please read ‘contesting a will’ and contact one of our solicitors if you feel that you may have a case.
Find Will Writers in Leeds
For cases that require professional legal support, visit Whiterose Blackmans Solicitors LLP. Based in Leeds, our dedicated team of solicitors are here to oversee any case related to family, divorce, criminal defence, immigration, claims, civil litigation, commercial litigation and, of course, wills and probate. For further information on wills solicitors in Leeds, please contact us by phone (0113 2165507), email or visit us on Facebook, Twitter and LinkedIn. Also, remember to read our reviews at Review Solicitors.
Our wills and probate services include:
- Preparation Of Wills, Trusts & Deeds
- UK & International Probate
- Court of Protection Applications
- Applications to the High Court
- Claims under the Inheritance (Provision for Family and Dependants) Act 1975.
- Reviewing and Amending Existing Wills
- Executorship Disputes
- Challenges to Wills
- Interpretation of Wills
- Lasting Powers Of Attorney (LPA)
- Claims on behalf of beneficiaries
- Inheritance Tax Planning
Why should you make a will?
There are many reasons why making a Will is important and ensuring it is up-to-date. These include:
- -If your financial situation changes significantly
- -If your circumstances change for example you get married, become a parents or get divorced
- -Where you want to find ways to protect assets from inheritance tax through creating of trusts etc.
- -If you need to make provision for a vulnerable relative
- -To ensure that your estate is divided according to your wishes
Get in touch to discuss your Will
Our solicitors in Leeds are on hand to help you with changing your existing will or creating a new will, probate and estate and tax planning. Contact us today.