Probate is the process by which the person chosen in a Will to deal with a deceased’s affairs is authorised to act. If there is no Will, a Grant of Letters of Administration is issued instead, and the law dictates who should take the Grant
Firstly the assets and liabilities of the estate have to be ascertained, and any Inheritance Tax due has to be paid. An application is then made to the Probate Registry (a division of the High Court) for a Grant. The Probate Registry issues a Grant of Probate if there is a Will or a Grant of Letters of Administration if there is not. The Executor (with a Will) or Administrator (without a Will) collects in the assets and pays the bills or other liabilities and what is left is distributed either in accordance with the Will or as set down by law if there is no Will.
If you have suffered a bereavement, we know it can be difficult to cope with the practical issues as well as the emotional loss. We are here to help you during this stressful time.
For further advice email a member of our team who would be happy to help.