Probate

The Probate of the Will is the official documentation that gives the executors of the Will the right to deal with the assets and property of the deceased person. This form allows the executors to access all financial accounts related to the deceased and places like banks and building societies will only allow you to deal with accounts if you hold the Probate for the deceased.

The legal, tax and administrative processes involved in dealing with an estate can be complex and add additional strain during an already stressful time. We can offer advice and guidance each step of the way.

In addition, our partners, named in a personal capacity, can act as Executors within your Will. 



 
Latest Blogs in Probate
 
Neil Groom
21st April 2017 Probate fee increases scrapped – for now…

The government’s proposed increase to probate fees – from the current £215 to a potential maximum of £20,000 – have been scrapped, as there will not be sufficient time for the regulations to pass through parliament before the snap general election. These changes were highly controversial due to the size of the increase – the…

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Philip Peters
27th February 2017 Progressive Capital Taxation.

Probate: Fees hike to go ahead. Despite an overwhelmingly negative response to its proposals, the Ministry of Justice has confirmed that it is pressing ahead with the introduction of a new scale of fees to be imposed on the executors of deceased estate. Up to now, when executors apply for probate, a flat rate fee…

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Neil Groom
4th July 2013 IHT Planning

Use Lifetime Trusts to Save Inheritance Tax. With the government confirming in the last Budget that the current inheritance tax nil rate band of £325,000 will be frozen until 2018, more and more people will find the taxman taking a sizeable slice of their estate on death. Making gifts during your lifetime is one solution…

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Chris Morton
24th January 2012 Top 10 Tax Elections to Minimise Tax

Examples of the most helpful and generous tax elections and claims include: s222(5a) TCGA 1992 (Nomination of main residence) This capital gains tax election, often referred to as ‘flipping’, enables taxpayers, who own and reside in more than one home, to inform HMRC which of these homes is their principal private residence. For those who…

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