Probate And Wills

Wills & probate solicitors work might seem easy when seen from outside. The entire process, however, is very technical. Having all the documents in their right places can either speed up or delay the process.

Learn more about wills & probate solicitors

What is a will?

A will, also called Last Will And Testament, is a document in which you state your final wishes. It mostly concerns the distribution of your assets after your death. It may also appoint guardians if you have minor children.

What Is Probate?

This is the official process where you go to a court of law and "prove" that a certain will is truly the last testament left by a deceased person. If a person has left no will, then a probate is the process of administering a deceased person's estate.

Who Would Need A Solicitor For Wills And Probate?

Anyone could greatly benefit from having a specialist solicitor to deal with the probate process. The truth of the matter is that this is a highly technical area of the law, and having an expert handle it is much better. Even if the will left by the deceased is clear and uncontested, there is the obvious matter of dealing with the loss, shock, and grief.

How Can A Solicitor Help With Wills And Probate?

The skills and experience are the two most essential benefits of hiring a wills and probate solicitor. When it comes time to calculate inheritance tax, an experienced solicitor can also help you save money and avoid paying excessive amounts.

Why Would Someone Need A Solicitor For Wills And Probate?

While you can DIY the probate process, it is somewhat complicated, especially if you have never dealt with this process before. A specialist solicitor will navigate these waters with ease.

Being an executor can be time consuming, and engaged individuals are well aware of how valuable their spare time can be. If you don't do things by the book, one of the other beneficiaries might even sue you. Paying taxes and debts is also another concern, and the increasing possibility nowadays of properties overseas can only complicate things further.

Some banks offer probate legal advice, but their fees vary between 4 and 5% of the estate. That is usually more expensive than hiring a solicitor yourself. A solicitor follows the fee schedule from the Law Society, which is somewhere around £2,000 to £5,000, depending on some factors including how big the estate is.

What Are The Benefits Of Using A Solicitor For Wills And Probate?

One of the top benefits is having free time to deal with your own shock and grief for losing a loved one.

A solicitor is specialized in filling up forms properly and professionally. All paperwork will be handled with confidence and experience.

Another benefit is that a solicitor can calculate whether it is worth paying the inheritance tax on the estate or declare its bankruptcy. His or her experience in analysing the law and its intricacies and utilise all of that in your benefit is the best benefit a solicitor can offer you.