Often at times we are left with questions and demands after the loss of a loved one. Dealing with matters of estate and possessions are complicated and is best left to the professionals. Our experts will help you through the whole process.

Probate is the legal process where the estate of the deceased is administered. A Grant of Representation is required (in most circumstances) in order to administer the estate. A Grant of Representation could be either a Grant of Probate or a Grant of Letters of Administrations.

When is Probate Required?

Probate is normally required in order to deal with certain assets but generally speaking if assets are £5,000.00 or less than a grant of probate may not be required. However this will depend upon the individual financial institution who hold the assets.

What is the difference between an executor and an Administrator?

A Grant of Representation will refer to an Executor where there is a Will or to Administrators where there is no will or no surviving executors. They are also sometimes referred to collectively as Personal Representatives.

Responsibilities of Personal Representatives

As a Personal Representative you have a duty to ensure the deceased are buried, their debts paid and the estate distributed in accordance with the Will or the Intestacy Rules.

As a Personal Representative you are personally liable to all the creditors and beneficiaries of the deceased to the amount of the estate that you administer or could have administered if you had acted properly.

The Personal Representatives are also under a legal duty to pay any inheritance tax that is due as a result of the death.

SERVICES OFFERED BY MTG:

  • Preparing Oaths for Executors or Administrators
  • Distribution of the estate
  • Contested probate matters

Contact MTG Solicitors

For initial advice, a quotation or to arrange a meeting with one of our Wills and Probate team, please contact us on 020 3026 2548.