This notice requirement is functionally equivalent to what one does now when applying for a grant of probate
It depends on how quickly the Grant of Probate
to your late uncle's estate can be obtained by the executors, but provided you undertake to be responsible for all outgoings and costs regarding the property there is no reason why you cannot take occupation as soon as the property has been cleared.
Grant of probate
may not be required where an estate is less than pounds 5,000, or where assets are in joint names and typically pass to the surviving spouse or civil partner.
As many readers who have had to deal with these matters will know, you need a grant of probate
in order to gain access to the deceased's bank and building society accounts.
We know the associated paperwork can be extremely daunting and we can therefore provide hands on support and alleviate your stress by: the individual's death valuations for both assets and liabilities and accounts for HMRC much inheritance tax is payable (if applicable) for the grant of probate
or grant or letters of administration (where there is no will) which establishes the authority of the person dealing with the estate and the validity of the will best accommodate a beneficiary's needs or reduce inheritance tax eg, by varying the terms of the will finally distribute the estate to the beneficiaries If you would like to talk to one of our specialist advisers, please call us free on 0800 387 927 (now also free to call from mobiles) or email enquiry@jacksonlees.
However, once the grant of probate
has been received by us, it then takes just five days, on average, to pay the life assurance claim.
LAST month I mentioned the proposed increase in probate fees which has seen bereaved families and their legal representatives urgently rushing to complete applications for a Grant of Probate
A You can obtain a copy of the grant of probate
online at www.
But he then changed the address on the account to that of Wilson; and in April the bank received a letter containing a false will and a forged grant of probate
naming Wilson as sole executor.
b) in the preparation of an application for a grant of probate
or some other form of administration; or
The executors of the will (which could be you) will need to apply for a Grant of Probate
to wind up the deceased's estate in order to transfer the property into your name and all the associated papers and details of the estate assets and liabilities will be required to do this.
Any application must be made within six months of the grant of probate