Everything (almost!) you ever wanted to know about probate…(Part 1)
Is probate necessary? Before spending time and, possibly, money on the probate process it’s important to pause and consider the facts – is probate actually necessary? Assets that are held as ‘joint tenants’ will pass automatically to the survivor(s) when one of the joint tenants dies. Typically these are bank accounts and properties. Care must […]
The life of a probate solicitor.
In this article we look at the life of probate solicitor. Richard Whitaker TEP CTA talks about how he got into law and became a probate solicitor. Did you always want to be a probate solicitor? ‘No. I went to university to study engineering and physics, but university life wasn’t right for me. My musical […]
Is fixed-fee probate the future?
In this article we look at fixed-fee probate. Is fixed-fee probate becoming more popular? What are the benefits of fixed-fee probate? Let’s start with the basics: What is probate? ‘Probate’ is the common name for ‘estate administration’, and is the legal process by which the affairs of a deceased individual are finalised. The person or […]
Post-death inheritance tax (IHT) mitigation
Can you reduce your IHT liability after you’ve died?! Well, sort of… The matter may be out of your hands, but your personal representatives (PRs) and beneficiaries can potentially save tax if they take good advice. The IHT due on your assets after you’ve died is reportable and payable by your PRs (your executors or […]
Probate, probate, probate…
Here’s our roundup of five of the most commonly asked questions regarding probate (taken directly from Google): ‘Do I need a solicitor to deal with probate?’ Not always. Obtaining the grant of probate is, in legal terms, an application for a court order. One of the key tenets of the rule of law is that […]