The administration of a deceased person’s estate range from straightforward to complex, depending on the size and nature of the assets of the deceased. The process involves obtaining valuations of all the assets and liabilities of the deceased as at the date of death and using these to prepare an Inheritance Tax return. Following the submission of the return, and payment of any tax due, an application is made to the High Court for a Grant of Probate (where a Will was left) or a Grant of Letters of Administration (where the deceased died intestate).
The issue of the Grant of Probate or Letters of Administration allows the Executor or Administrator to administer the estate and so to cash in, sell or transfer the assets of the deceased. This process can take time. Once the assets are realised, the Personal Representative will pay the liabilities of the estate and proceed to distribution of the assets to the beneficiaries of the estate.
We provide a full service to the Personal Representatives, and can deal with the estate from start to finish. We can also provide advice and assistance to ensure that all aspects of the administration are correctly completed.
We also advise in those less common cases where inheritance or administration is disputed.
