Fixed Fee Probate Services Kesgrave Ipswich
Mind At Rest Wills Probate Services
Based in Ipswich Suffolk we can help to shoulder the worry of dealing with the legal requirements of probate. Helping you without burdening you with high unknown costs.
Have you recently suffered a bereavement?
Dealing with someone’s affairs when they die can be complicated and confusing, especially at a difficult and emotional time. We can help support you and provide direction to administer your friends or loved one’s estate.
If you are looking for someone to carry out Probate services on your behalf. Whatever your circumstances we have the right answers and solutions for you.
Your choice of the Probate practitioner you instruct can determine how quickly and efficiently the administration of the estate is progressed.
At a time of loss, financial matters are very sensitive. Be reassured that Mind at Rest Wills offers Fixed Fee Probate Services. This means you will agree on the cost upfront and there will be no hidden surprises.
Mind at Rest Wills works in close partnership with our trusted Solicitor Partners Premier Solicitors. Who is able to manage all of the legal aspects of the estate administration for you. To have a chat about your needs and get a quote you can call us on 01473 760761 or fill in our Probate Enquiry Form and we will get back to you.
What is Probate?
Probate is the court’s authority, given to a person or persons, to administer a deceased person’s estate. And the document issued by the Probate Registry is called a Grant of Representation.
This document is usually required by the asset holders (such as banks). As proof to show the correct person or persons have the Probate Registry’s authority to administer a deceased person’s estate.
When is Probate required?
The Probate process is needed when investments (typically over £5,000) were held in the deceased’s sole name. And the banks, building societies and other organisations request for a Grant of Probate/Letters of Administration in order to release the funds held.
Who is a personal representative and what are their duties?
A personal representative is usually the named Executor of the deceased’s Will. When a person dies without making a Will. The personal representative is the person a grant of administration has been given to.
It is the duty of the personal representative to pay off all debts of the deceased. If this is not done then they may be liable to pay the money back into the estate. In order to avoid this, it is advised that the personal representative should apply for an Insolvency Administration Order.
Who are Executors and what are their responsibilities?
An executor is a person the deceased wished to deal with the administration of their estate after their death. It is your Executor’s responsibility to:
- Determine what property and other assets you owned, as well as your liabilities.
- Aarrange for current valuations of personal possessions, property, investments, any pension or insurance entitlements due and also any debts and bills.
- Arrange for the payment of the funeral.
- Establish Income Tax, Capital Gains Tax and Inheritance Tax liabilities. Completing the necessary tax returns to submit to the Revenue.
- Complete and submit the necessary Probate Registry forms.
- Arrange the clearance and sale of any property.
- Collect assets and pay any debts.
- Arrange for the distribution of legacies and gifts to beneficiaries.
- Compile detailed accounts to give to the main beneficiaries.
- In the case of minor children being beneficiaries. Your Executor may act as Trustee for ongoing trusts, to hold their monies until they reach 18.
How soon can a Grant of Probate / Grant of Letters of Administration be obtained?
In straightforward estates. We can prepare all the necessary papers within 5 working days of receiving full information about the estate from the Executor/ Administrator.
We can then obtain the Grant within 10 working days of the Executor/ Administrator signing and returning the duly signed papers to us.
Who are Premier Solicitors?
Premier Solicitors was founded in 2006, operating nationally. Premier Solicitors is a leading law firm. The Firm is Lexcel accredited, a Law Society nationally recognised quality mark for law firms.
In partnership with Premier Solicitors. Mind at Rest Wills offers competitive fixed fee probate services. We are dedicated to providing our clients with a professional and affordable probate service. And above all are committed to providing appropriate solutions and excellent customer service.
To have a chat about your needs and get a quote you can call us on 01473 760761 or fill in our Probate Enquiry Form and we will get back to you.