A statutory notice is placed in the London Gazette and also the local paper if the deceased owned a property. It gives potential claimants a limited timeframe to contact the personal representative if they believe the estate owes them money. This video explains the benefits of placing this notice.
Views: 342 Simplify Probate
Many families choose to use a professional to deal with more complex and specialist work, such as applying for probate. This often reduces the time involved and avoids costly mistakes. This video explains how a professional solicitor can help you with the probate application.
Views: 309 Simplify Probate
Use DIYprobate to complete the administration yourself. It includes letter templates, task lists with reminders and software guides to help you through each step of the process. This video explains all the ways in which DIYprobate can help you administer an estate.
Views: 325 Simplify Probate
At this point you'll need to establish the assets and liabilities of the estate and identify the beneficiaries. This video explains how to obtain the correct values including those that will be approved by HMRC and what to do with that information when you receive it.
It's important to understand how the property is owned as this will affect the probate application value and how it's distributed to beneficiaries. This video outlines how to establish the ownership status and the impact of that on beneficiaries.
Views: 1152 Simplify Probate