There can be a lot of elements to consider when someone passes away, especially during a time of loss. The role of the Executor in a Will is to administer the estate and follow the wishes of the deceased’s Will.
Where someone does not have a Will, then there are special rules to follow to determine who benefits from the Estate as well as dealing with the usual administration of the Estate.
Depending on the extent of the assets in an Estate, a Grant of Probate may be required (or Grant of Letters of Administration where there is no Will) in order to administer the assets.
We can assist Executors or Representatives of an estate in the whole administration process from start to finish, including making an application for the Grant of Probate if required.
Depending on how long a sale of the property takes, simpler estates may be dealt with within six to twelve months. Typically, obtaining the Grant of Probate currently takes three to four months. Collecting assets then follows, which can take between two to three weeks. Once this has been done, we can settle the outstanding debts before looking at possible distributions from the estate.
Our Team specialise in a number of different areas. These are members of our team who specialise in this area. To see how we can help you, please give a team member a call, or alternatively, you can email a member of the team and we’ll get back to you as soon as is possible.
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36 St James Street, Newport, PO30 1LF
01983 556088
Avenue House, Avenue Road, Freshwater, PO40 9UZ
01983 754247