What is probate?

preview_player
Показать описание

Probate is the legal process for dealing with the estate of someone who has died. It is the responsibility of the executors named in their will.

Executors can appoint a professional (normally a solicitor) to carry out probate on their behalf, or they can opt for DIY probate, where they fill in the relevant forms and deal with the Probate Registry direct.

Estates under £15,000 may not require a grant of probate for the executors to administer the estate, or if assets are held jointly. But if you do need to go through probate, this guide walks you through each stage of the process.
Рекомендации по теме
Комментарии
Автор

probate is like flying to mars with no communication;
its effing expensive takes forever and all you get is disappointment

monstersince
Автор

Nice video and explained well. Thank you.

Dreamskater
Автор

Are Probates only conducted if there is no Will? Or no Will to be found?
Also, what is the difference between a Codicil & Will? Thank you.

Dreamskater
Автор

Unless the estate is simple and not liable for inheritance tax, probably best left to a professional to sort out.

specialandroid
Автор

As the eldest daughter, heir and as a beneficiary in my late mothers last UK Will can I also block all the bank accounts in the UK and in Spain?  Is it correct that the same solicitor should not and cannot act for both parties even though both clients are members of the same family?

kimballentyne
Автор

provide clear lecture please as much as possible

muralic