Probate Lawyers Manchester
Probate Lawyers in Manchester
At Isaacson & Partners, our experienced team of probate lawyers in Manchester understands that dealing with a loved one’s estate can be overwhelming, especially during a time of grief. We aim to make the probate process as straightforward and stress-free as possible, providing expert guidance and support every step of the way.
Our Probate Expertise
Our probate lawyers in Manchester offer comprehensive services to assist you with all aspects of estate administration, including:
- Obtaining Grants of Probate or Letters of Administration
- Advising on inheritance tax and completing tax returns
- Administering estates, including complex or high-value estates
- Preparing detailed estate accounts
- Making post-death arrangements to reduce inheritance tax liability
- Distributing assets to beneficiaries in accordance with the Will or intestacy rules
Understanding Probate
Probate is the legal process of administering a deceased person’s estate. If the deceased left a Will, the named Executor is responsible for overseeing the distribution of the estate. In cases where no Will exists, the rules of intestacy determine how the estate will be shared, and an Administrator is appointed to manage the process.
While it’s possible to handle probate without legal assistance, many people choose to instruct a probate lawyer to ensure the process is carried out correctly and efficiently. This can help avoid mistakes that could lead to delays or legal complications.
Why Choose Isaacson & Partners for Probate?
- Expertise: Our team has extensive experience in handling various probate cases, from straightforward estates to complex, high-value situations involving international assets.
- Personalised Service: We understand that every estate is unique. Our approach is tailored to your specific circumstances, ensuring that your loved one’s wishes are respected and fulfilled.
- Efficiency: We aim to complete the probate process as swiftly as possible while maintaining meticulous attention to detail.
- Clear Communication: We keep you informed throughout the process, explaining complex legal terms in plain language.
- Comprehensive Support: From the initial stages of notifying relevant parties to the final distribution of assets, we provide end-to-end assistance.
The Probate Process
- Initial Assessment: We begin by reviewing the Will (if one exists) and assessing the estate’s assets and liabilities.
- Valuation: We help value the estate’s assets and liabilities, which is crucial for inheritance tax purposes.
- Inheritance Tax: We calculate any inheritance tax due and advise on potential reliefs or exemptions.
- Grant Application: We prepare and submit the application for the Grant of Probate or Letters of Administration.
- Estate Administration: Once the Grant is obtained, we collect in the assets, settle any debts or taxes, and prepare estate accounts.
- Distribution: Finally, we distribute the remaining assets to the beneficiaries as per the Will or intestacy rules.
Complex Estates and International Assets
For high-value estates or those involving overseas assets, our probate team offers specialised expertise. We have comprehensive knowledge of international law and tax regulations relevant to estate distribution. This ensures that executors receive clear, professional advice when dealing with complex cross-border issues.
Additional Services
In addition to probate, Isaacson & Partners offers a range of related legal services:
- Lasting Power of Attorney: We can help you set up LPAs to ensure your affairs are managed according to your wishes if you become unable to do so.
- Will Writing: Our experts can draft a new Will tailored to your specific circumstances and wishes.
- Will Updates: We can review and update your existing Will to reflect changes in your life or financial situation.
A Compassionate Approach
At Isaacson & Partners, we understand that probate often comes at a difficult time. Our probate lawyers in Manchester offer not just professional expertise, but also a sensitive and compassionate approach. We’re here to shoulder the legal burden, allowing you to focus on what matters most during this challenging period.
Probate Frequently Asked Questions
What is probate and when is it required?
Probate is the legal process of administering a deceased person’s estate. It’s typically required when the deceased owned property solely in their name or had considerable assets. However, probate may not be necessary for smaller estates or when assets are held jointly.
How long does the probate process usually take?
The probate process typically takes around 12 months, but there are no strict time limits. It can take longer for complex estates or those involving cross-border assets. The initial application for a Grant of Probate usually takes 4-12 weeks to prepare, and once submitted, it generally takes about 8 weeks for approval.
What are the main stages of the probate process?
The main stages of probate include: applying for a Grant of Probate or Letters of Administration, valuing the estate, paying any Inheritance Tax due, selling assets if necessary, paying off debts, preparing estate accounts, and distributing the remaining assets to beneficiaries as per the will or intestacy rules.
Contact our Probate Lawyers in Manchester
If you need assistance with probate or any related matters, don’t hesitate to reach out. Our team of probate lawyers in Manchester is ready to provide the support and guidance you need.
Call our Head Office on 0161 959 5000 or use our online enquiry form to schedule a consultation. Let us help you navigate this complex process with confidence and peace of mind.