Do I need Probate
This article is just a general guide on do i need probate. Call us on 0800 731 8722 for more information of fill in our online quote form in a few simple steps click here to recieve quote
A Grant of Probate is compulsory now in order to access assets that are held in sole name by the departed. If assets are held jointly they pass via survivorship to the other person or people they are held with. However, certain assets that are held jointly still require probate, such as a property held as Tenants in Common.
The Grant of Probate, which is agreed to the executor of the estate, will need to be revealed to all of the people you will have to deal with in administering the estate. This includes banks, insurance companies and other monetary institutions. The Grant of Probate is used as proof that you are in truth the exectutor of the estate and entitled to use it.
How do I get a Grant of Probate?
In order to acquire Probate you need a legally binding Will left by the individual who has died. If there is no last will and testiment, then you will be dealing with an intestacy and require a letter of administration. A Grant of Probate and a letter of probate are reffered to equally a grant of representation. It is then essential to deal with the Inland Revenue as well as apply to the Probate registry to acquire the Grant of Probate.
