Probate is the legal process of administering a deceased’s estate when a person dies having made a valid Will. If someone dies without a will the deceased has died intestate and instead of obtaining probate Letters of Administration must be applied for.
At Comptons we take the pain out of the administration process and can help with all matters involved in dealing with a deceased’s affairs
Probate
We assist the Executors named in a Will with their legal duty to:
value all the deceased’s assets and identify their debts
apply, if necessary, for the Grant of Probate, which then gives the Executors authority to act
consider any claims against the deceased’s estate
settle the deceased’s income tax affairs
calculate and arrange the payment of any tax, debts and specific gifts in the will
distribute the Residuary Estate to those entitled under the will
establish guardians where children are involved
Administration
In such circumstances, we can assist you with the following:
value all the deceased’s assets and identify their debts
identifying who may be entitled to benefit from the deceased’s estate and the order of entitlement
apply, if necessary, for the Letters of Administration, which then gives those persons so entitled to benefit from the deceased’s estate with authority to act
consider any claims against the deceased’s estate
settle the deceased’s income tax affairs
pay any tax, debts due from the estate.
Comptons has many years experience in acting in relation to probate and administration and can offer you the level of support that you feel you need, from “full hands on help” where we can carry out of all arrangements for you to circumstances were the executors merely want advice on specific issues.
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