Losing a loved one is a difficult time. Even worse is to be tasked with the administration of their estate during bereavement. Being the executor of a Will comes with great responsibility, but when you’re in the process of grieving, the last thing you want to do is deal with the legal complexities of who gets what. All things considered, it can be overwhelming.
Instead of suffering in silence, speak to a probate solicitor at Talbots Law. Under your instruction, we’ll tie up all the loose ends and administer the estate as your loved one would have wanted.
Following a death, the last thing you need is a to-do list. Unfortunately, what we know as ‘the end’ is usually the beginning of a series of practical issues that need to be dealt with. From the registration of the death to the division of assets and the payment of any Inheritance Tax, the tasks start to pile up.
At Talbots Law, we aim to take some of the weight off our clients by helping to administer the estate and tackle any disputes that may occur.
Why should I choose Talbots’ probate solicitors?
At Talbots Law, we believe that a little help goes a long way. After the death of a loved one, your time should be spent taking it easy, not arguing with family members over the past. As the executor of the Will, you are personally liable for any mistakes made during the administration of the estate. This means that any disputes that arise along the way could see you at the centre. For that reason, we believe that precision and thoroughness are paramount when dealing with the division of an estate. This, along with a sensitive approach teamed with a determined attitude is what helps our probate solicitors get the job done quickly and efficiently.
What if there is no Will?
If there is no Will, or no executors were named, a relative or friend of the deceased must apply for ‘letters of probate’. This will allow you to legally administer the estate. However, when there is no Will, there is no specification about who will inherit from the estate. Therefore, without a Will, the rules of intestacy apply. Simply put: a Court will determine the exact distribution of the estate. If married, the spouse of the deceased will inherit the first £250,000 from the estate as well as any personal belongings. If no Will has been left, speak to our expert probate solicitors about your legal options.
What if several people are named as executors?
It’s not uncommon for someone to name several executors in their Will. However, it can sometimes lead to arguments. When there are up to four executors named on the Will, it is possible for all four to act jointly and administer the estate together. When acting together, you will all be equally responsible and must reach agreements on important decisions as a group. This can get messy, particularly if executors aren’t local to each other.
Otherwise, the executors can appoint one person to lead the process. This could be the person closest to the deceased, or someone with a background in the legal or financial industry. Either way, this executor will take charge of the administration.
Whichever you choose, our probate solicitors will be there to provide specialist advice when you need it the most.
How long does it take to administer the estate?
While each estate varies depending on the level of complexity and external aspects, the average estate takes between 6-9 months to administer. If complications arise such as a delay in obtaining valuation of certain assets, you may be looking at an increased time scale. In any case, we recommend you instruct a professional in helping you through the process as it generally results in a shorter and smoother process.
If you need assistance after a friend or relative has passed away, talk to Talbots Law. Our probate solicitors have the experience and knowledge to help ensure everything is taken care of and all the loose ends are tied up. Just give us a call on 0800 118 1500 to make an appointment.
For more information please contact us