Administration of Estates
A death in the family is always an emotional
and distressing time. It is even more stressful if you are unsure
about all the things that you need to sort out and do not know how
or where to begin to get it all done, especially in relation to
dealing with financial matters.
Our experienced legal team offer a sympathetic
approach and can deal efficiently with the initial steps to be taken
when someone dies and assist you in the process of administering
the estate. Administering an estate involves obtaining valuations
of all assets, agreeing the tax liability, applying for the Grant
of Probate (or Letters of Administration in the event that there
is no will) and then, with the benefit of the Grant, gathering in
all the assets of the estate and administering them in accordance
with the terms of the will or according to the law of intestacy
if there is no will.
We can guide you through the process
of dealing with an estate by offering practical advice and ensuring
that matters are dealt with in the best possible way to minimise
the worry and stress for you. We can also advise you on Inheritance
Tax issues, Deeds of Variation and whether a Grant of Representation
is required to administer the estate.
Trusts