Probate – What is a Grant of Probate?

In summary the process is:

1. To check if there is a will. If not you will apply for Letters of Administration.
2. Value the estate and report it to HMRC.
3. Apply for probate.
4. Pay any Inheritance Tax that’s due.
5. Collect the estate’s assets, e.g. money from the bank or the sale of the person’s property.
6. Pay off any debts, for example unpaid utilities bills or funeral accounts.
7. Prepare an account of how net assets will be distributed amongst beneficiaries.
8. Distribute the assets and compete registration of property and shares as needs be.

Our Wills and Probate Solicitors at Luke Curran & Co Solicitors Newry can help you obtain the grant of probate and distribute the estate.

Contact us at law@lukecurran.co.uk or 02830267134 for a free no obligation appointment to discuss any estate that you may be affected by.