In the event of
the death of a family member we can assist with the administration
of the estate.
The procedures differ between the person that dies leaving
a Will and the person who dies ‘intestate’ (ie
without a Will). Where there is a Will, it is the role of
the Executor to make an application for a Grant of Probate.
Where there is no Will the Administrator will apply for
Letters of Administration.
The Grant or Letters of Administration gives the Executor
the authority to collect in all the assets, pay off any
debts, minimise tax liability wherever possible and distribute
the assets.
This can be a daunting task and at times can be complicated,
particularly as an Executor or Administrator has an obligation
to act with ‘due diligence’ and is potentially
liable for any losses that arise from the wrongful use of
the deceased’s property. We are able to help you throughout
the whole service with practical advise and assistance in
plain English.
The broad range of areas where a solicitor can help are:-
- Valuing the estate
- Completing Inland Revenue tax returns
- Dealing with Inheritance Tax issues
- Obtaining the Grant / Letters of Administration
- Collection and distribution of assets to beneficiaries
Dealing with Income Tax and Capital Gains issues
from a beneficiary’s perspective
- Payment of debts
- House clearances and insurance of assets
- Sales and transfers of land
- Variation of the terms of a Will (subject to beneficiary
agreement)
- Production of estate accounts
At Martin-Kaye we adhere to a
firm wide service charter. We work hard to ensure that lines of communication
are kept open and that you are regularly informed of progress.
With this in mind we will update you every 21 days on a
day to be agreed by telephone, e-mail or text message without
additional charge.
