Fixed Cost Probate

If you’ve recently lost a close family member, the last thing on your mind will be getting quotes in for probate with regard to handling the estate distribution. We can help you with this and provide a fixed price quotation (without obligation to proceed) based on our understanding of the client’s affairs. Of course, if more work comes to light during the job, we will need to revisit the cost, but that’s fair in our opinion.

Being an executor isn’t easy, and as an individual facing the job, you are personally liable for the deceased’s obligations, so you may wish to appoint a professional who not only knows what they’re doing but will be covered by Professional Indemnity Insurance. Here’s what the job entails, in brief:

• Ensure the wishes of the deceased are carried out
• Identify all the assets and liabilities, and claims against the estate
• Value all the assets whether solely or jointly owned
• Properly manage the funds and assets of the estate, including any business interests
• Prepare the HMRC tax returns; inheritance tax, capital gains and income tax
• Obtain tax clearances before you start to distribute the estate
• Settle all estate debts and taxes, this responsibility can last for up to 6 years
• Submit and file the relevant court forms
• Apply for probate and attend an interview at the probate registry court
• Prepare estate accounts for the beneficiaries and distribute the estate

If you would like us to help, please Contact us