What is probate?
Probate is the legal process of dealing with someone's assets once they have died.
When a loved one dies it is completely normal to feel overwhelmed and not even know where to start. But after you have registered the death and organised the funeral you then need to think about the financial implications of the death.
Please do call us for advice if you are unsure of:
1. Whether probate will be required?
2. Who you need to inform of the death?
3. What to do next?
4. How to pay funeral bills?
5. Whether you can access estate funds?
6. Whether Inheritance Tax will be due?
How long does probate take?
It is widely accepted that probate can take up to a year to administer and this is called the ‘Executor Year’. A small estate without property would on average take between 4-6 months whilst an estate with a property would on average take 7-14 months. This is a process that involves dealing with many institutions including government-run departments like the DVLA and HMRC. It is time consuming, stressful and can be complicated.
How can DQR Wills and Probate help?
We complete the process on your behalf for an all inclusive fixed fee covering the work we carry out and any any solicitor / accountancy costs.
The fee is taken from the estate and is not paid by the family.
Our fixed fee quotation will be based on the amount of work that we estimate will be required to fully complete the whole administration. We do not work on percentages or expensive hourly rates. Offering exceptional value, we work quickly and diligently to complete the process as soon as possible.