Probate Lawyers in Manchester – Bury & Prestwich
The upset of a family member passing away is often exacerbated by the responsibilities of having to administer their estate. Administration procedures can be daunting. Our probate team aim to assist you by making every step of the way as straightforward as possible.
Our solicitors can help with:
- Advice on inheritance tax and completing tax returns
- Administration of an estate
- Preparing estate accounts
- Obtaining letters of administration and/or a grant of probate
- Making post-death arrangements that reduce liability for inheritance tax
- Distributing assets to beneficiaries
What is Probate?
‘Probate' is the process of dealing with the estate of someone who has recently died. If this person has drafted a Will, an ‘Executor' will be named –this is the person with responsibility for overseeing the distribution of their estate. If no Will has been left, a set of rules –the rules of intestacy –are used to determine how the estate will be shared. Certain people will be able to apply to act as the ‘Administrator' for the estate, with responsibilities similar to that of an Executor.
Many people will instruct a solicitor to carry out or oversee the probate process on their behalf to avoid any mistake being made which could lead to delays or problems emerging further down the line.
The legal process of probate involves collecting together the deceased's estate, paying off any outstanding debts, and sharing their assets in line with the instructions in their Will. While this may at first seem relatively straightforward, the steps involved can be confusing for those without a legal background or skills in accountancy.
Why Should I Use a Solicitor?
There is no requirement that the person administering an estate is a qualified solicitor, and some people choose to carry out this role themselves. However, this process can be complicated and time-consuming, requiring an understanding of the relevant legal procedures, accountancy skills, as well as dealing with all of the beneficiaries detailed in the Will. In many cases, an estate may at first seem relatively straightforward only for complications to emerge on further investigation. Having an experienced probate solicitor involved from the earliest stage can help you to identify any potential issues and address these accordingly.
In circumstances where an estate is of high value, or where assets or interests are held overseas, it is of particular importance that expert estate planning solicitors are on hand to provide guidance and support. Aubrey Isaacson's probate team have a comprehensive knowledge of international law and tax regulations relevant to the distribution of an estate and can offer clear, concise, professional advice to executors.
Contact our Probate Lawyers in Manchester – Bury & Prestwich
Aubrey Isaacson's probate solicitors offer professional yet sensitive guidance. Our service begins as soon as you need us and can include funeral arrangements, notifying banks and other relevant parties, calculating the Inheritance Tax, applying for and obtaining the Grant of Probate, preparation of estate accounts and distributing the estate.