LEGAL AND FINANCIAL
PROCESSES OUR EXPERTISE
PROBATE SOLICITORS
Probate is the word normally used to describe the legal and financial processes involved in dealing with the property, money and possessions (called the assets) of a person who has died.
Before the next of kin or executor named in the Will can claim, transfer, sell or distribute any of the deceased’s assets they might have to apply for a grant of probate.
A grant of probate is a legal document that’s sometimes needed to access bank accounts, sell assets and settle debts after someone has died.
When someone dies, as well as the grieving process, there are unfortunately administrative tasks to be carried out such as obtaining a death certificate and arranging the funeral. There are also legal and financial duties to be carried out one of which is obtaining the grant of probate. Following the death of a loved one, there are a number of matters that need to be dealt with such as registering the death and arranging the funeral. For further information on those matters that need to be dealt with immediately following the death of a loved one.
Managing your risk
Probate matters
We understand that the administration of a person’s estate can be a complex, time-consuming, and often emotional time. That’s why our probate solicitors work with you to take the strain and make the process as straightforward as possible
Grant probate
A Grant of Probate is a formal legal document which is issued by the Probate Registry and which authorises the Executors of a Will (or their attorneys) to carry out the administration of a deceased person’s estate by collecting in their assets, discharging all liabilities, and carrying out the terms of the Will when distributing the net estate. An application for a Grant of Probate is the formal legal process through which executors apply to prove the last Will and Testament of the deceased.
What is Probate?
Probate is the process of dealing with the deceased’s possessions, including bank accounts, shares, day to day possessions and property, collectively known as the Estate. Probate is also a legal document, and the grant of probate is the first step in administering the estate of the deceased person.
Whilst the process of obtaining probate can be delayed, there may be practical reasons for beginning the process sooner rather than later:
- There may be financial concerns for family members
- There may be dependents that need to be protected
Interest in inheritance tax begins to accrue 6 months after the end of the month of death - There is a deadline for filing the inheritance tax account of 12 months from the end of the month in which the person died.
Usually, Executors are appointed in the Deceased’s will and are legally responsible for the administration of the estate. The Executors will deal with any debts of the estate, and distribute the assets to any beneficiaries.
If the deceased has prepared a will, then the executors will deal with the estate according to the wishes of the deceased as set out in the will. If there is no will, then the estate will be administered according to the applicable Law at the time. A relative or beneficiary will usually become the administrator of a person’s estate.
WHY CHOOSE US?
Experienced
Hodders solicitor have been in the business for over 150 years and has gained over the years experience and expertise.
Transparency
Always setting up the basis for honest and open when communicating.
Get the best deal
If you're looking for the best deal you should work only with the best!
Professional
True expertise and experience is what make our clients come back every time.
Experienced
Hodders Solicitors have been in the business for over 150 years and has gained over the years experience and expertise.
Guidance
Leading you in the right direction with 100% transparency to achieve your goals with peace of mind.
Timing
Professional
Providing clear information on fees so that you have control of your costs right from the start.
Experienced
Hodders solicitor have been in the business for over 150 years and has gained over the years experience and expertise.
Get the best deal
Hodders solicitor have been in the business for over 150 years and has gained over the years experience and expertise.
Reason
Hodders solicitor have been in the business for over 150 years and has gained over the years experience and expertise.
Professional
Hodders solicitor have been in the business for over 150 years and has gained over the years experience and expertise.
OUR PROCESS
Listening client
01
We always listen our clients and their needs to understand what we can do with them during our process and make things easy.
Define your goals
02
What is the purpose of your goal? Why was it created? How can we maximise the outcome?
Action plan
03
Planning helps us prepare for the obstacles ahead and keeps us on track. And with an effective action plan, we can boost productivity and keep the focus on your goals.
Execution
04
Ideas are yesterday, execution is today and excellence will see you the following day.
Ideas are yesterday, execution is today and excellence will see you the following day.
Listening client
01
We always listen our clients and their needs to understand what we can do with them during our process and make things easy.
Action plan
03
Planning helps us prepare for the obstacles ahead and keeps us on track. And with an effective action plan, we can boost productivity and keep the focus on your goals.
02
Define your goals
What is the purpose of your goal? Why was it created? How can we maximise the outcome?
04
Execution
Ideas are yesterday, execution is today and excellence will see you the following day.
