Probate is the legal process of administering a will so that the heirs and beneficiaries of the decedent can received their assets, with any taxes due being paid before the estate is distributed.
Probate is frequently an extremely distressing process for a family, as administering an estate – the property and monies left by the deceased – involves carrying out the last wishes of a loved one.
Duncan Lewis probate solicitors can advise at this difficult time – and our specialist probate services can help families and spouses or partners deal with their loved one’s estate as efficiently as possible, and without the stress that inevitably arises when families and spouses try to administer their loved one’s estate without a professional executor such as a solicitor.
Probate can be a complex and lengthy process – and can also involve many different areas of law such as property law, family law, tax and inheritance law.
In the case of international wills – which may involve several different jurisdictions, if assets are held overseas or offshore – Duncan Lewis probate services can help with tracing assets, as well as advising on any taxes that might be applicable to an international will, including local taxes and Capital Gains Tax or Inheritance Tax.
Duncan Lewis can also administer wills involving multiple marriages and family members who were partners in a business, as well as probate involving intestacy, where no will has been made.
There are five basic stages to the probate process, including collecting together assets and monies, valuing all assets, applying for probate, distributing the bequests in the will and drawing up accounts showing how the estate was distributed, which are then sent to the beneficiaries.
In some cases, probate might be delayed by a beneficiary contesting a will –
contentious probate matters can be highly stressful and will delay the administration of an estate and distribution of any bequests.
Duncan Lewis probate solicitors offer a full range of probate services – and our probate specialists offer clear and focused advice on probate, as well as being sensitive to clients’ needs at this most difficult time.
Duncan Lewis offers competitively-priced fixed fees for probate matters whenever possible, with hourly rates for contentious probate matters.
For more information about Probate Services, call Duncan Lewis Probate Solicitors in confidence on 0333 772 0409.