Probate can seem daunting when someone dies, especially if you are unsure how the process works. These common questions offer a simple overview to help people understand the process.
What Does Probate Actually Involve?
Probate gives someone legal permission to manage a person’s estate after they die. This includes valuing assets, settling debts, paying any Inheritance Tax that may be due and passing on what remains according to the Will or the rules of intestacy. GOV.UK has a guide on inheritance tax.
How Long Does Probate Usually Take?
Timescales vary, but many estates take around six to nine months to complete. Delays can occur if there is property to sell, complex finances to sort through or outstanding issues.
Do You Need a Solicitor to Handle Probate?
There is no rule stating that a solicitor must be used, but many people choose professional help because probate involves legal duties and detailed paperwork. A solicitor can manage the process.
What Happens If Someone Challenges a Will?
A Will can be challenged for reasons such as doubts about how it was signed, concerns about capacity or claims that someone was left without reasonable provision. Disputes can delay probate, and early legal advice is often essential. You can contact a London law firm like https://www.forsters.co.uk for help.
When Is Probate Not Required?
Probate may not be needed for small estates or when assets pass directly to a spouse or civil partner. Each bank or organisation sets its own limits for releasing funds.
Understanding these key points can make probate feel more manageable during a difficult time.
