Probate & Administration Fees
We offer Fixed Fee and Full Administration options depending on the level of support you need.
Steps
The general process is as follows:
- We have an initial meeting with the executors or administrators to review the Will and find out information about the estate.
- We identify the type of application needed and allocate one of our experienced team members to act on your behalf.
- We contact the relevant financial institutions to value the assets and liabilities in the estate.
- Once we have this information, we prepare the probate application for approval by the executors and once approved, the papers are signed.
- At the time of receiving the Grant of Representation, we send it to the relevant financial institutions to collect in the assets and settle any liabilities of the estate.
- Once the assets have been collected in, we prepare accounts for the executors and residuary beneficiaries to all approve before distributing the estate.
Timescales
On average, estates which fall within the above range are dealt with within 8 – 10 months. Do bear in mind that if there is a property to sell, this will delay finalising the estate as the funds from the property sale will be distributed when the property sale completes which may be several months after the liquid assets have been distributed. In such cases, we can distribute the cash assets first then the property sale proceeds on completion.
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