What is probate?
Administering an estate
Probate is the process of dealing with a deceased person’s estate, including their finances and assets, and then distributing the estate among beneficiaries.
With a legal and up-to-date will in place, the executors named in the will have responsibility for probate, so it is important to inform your chosen executors. Our will writing service allows you to name back up executors in case your first choices are unwilling or unable to perform the duty.
Executors will be issued with a “grant of administration” which allows them access to the deceased’s assets, in order to distribute them once any inheritance tax has been paid.
If you die without a will, a close relative can apply to the Probate Registry to be officially recognised as responsible for your estate. This process is not always a smooth one and a “grant of letters of administration” is not always issued. By far the best way to avoid this difficulty is to have a legal and up-to-date will in place.
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