Probate Valuation Advice

How does probate work when there is no will

signing a will on a white paper

Probate gives you the legal right to deal with or administer the estate of the deceased. When applying for probate without a will, you will be required to apply for letters of administration. A grant of probate is what is issued if there’s a will. With the letters of administration, the next of kin or […]

When is probate required in UK

London properties

Probate is necessary for the administration of a deceased’s estate if the value is above £20,000. If the deceased left a will then a grant of probate will be issued. However, if there was no will, then the executor will be issued with a letter of administration. Most of the time financial institutions and other […]

How do I apply for probate

London property

Probate application is an essential aspect of the process of distributing the estate of a deceased loved one. Probate, otherwise known as a grant of probate, is the legal document that shows the executor or next of kin has the right to deal with the assets of the deceased person. The probate process can be […]

What is probate

signing a will

Probate refers to the legal right to distribute or deal with the estate of a loved one after their demise. In this case, estate basically refers to the properties, money, and possessions left behind. No one can start distributing the deceased estate before acquiring probate. This can be done by either an executor or next […]

Guide to deed of appropriation

pen, paper

It’s always hard to cope with the death of a family member. You need time to recover after a loss and get over it. At the same time, you will face a lot of challenges especially if you have been named a beneficiary in your relative’s will. Inheritance can leave you with a large tax […]

Red Book Valuation

red book

Valuation is an assessment of your property’s value. There are different types of valuations used for a wide variety of purposes. A Red Book valuation is just one of them. Solicitors, accountants, bankers and agents are acquainted with this type of valuation. Let’s dig deeper to find out what Red Book valuations mean and why […]

Probate valuation guide

property

After the death of a loved one, going through the probate process is necessary for most cases. For an executor to be able to administer the property of the departed accordingly, they’ll need to acquire a grant of probate or a letter of administration where applicable. Although the probate process might be stressful, going through […]

What happens after probate is granted?

England property

What does it mean when probate is granted? Once probate is complete, this means that you or the solicitor have the legal right to administer the deceased’s estate(property, money and possessions). If the person left a will, you’ll get a grant of probate, if there was no will left then a letter of administration is […]

How long does probate take in the UK

man writing probate will

Probate process and the estate administration process takes between 9-12 weeks. In situations where the deceased had small and uncomplicated property, probate timeline is much shorter. What is a probate? This is the legal right to oversee the affairs of the deceased person before the estate is distributed according to the will. At times, probate […]

Handling property inheritance: valuation & home clearance after someone dies

When a family member dies, you, as the inheritor of their property, will have a large job on your hands. As well as informing friends and relatives and making funeral arrangements, you will need to have the deceased’s property valued and cleared. This is a difficult task at a difficult time, and it is understandable […]

Valuing personal property for probate – why get an independent valuation?

Chattels and house contents rarely make up a significant proportion of the value of an estate. However, they will often pose the greatest practical issues for an executor and can be subject to competing claims. For this reason, a prudent executor will want a clearly itemised and properly valued inventory.

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