Estate Administration Solicitors
Dealing with a loved one’s estate following a bereavement can obviously be a daunting task at what will already be an emotional and stressful time. Parker Arrenberg provides sensitive and practical advice and guidance on all legalities concerning estate administration regardless of the complexity of any assets involved. We will take the time to understand your personal circumstances and help you consider the options available to you, offering recommendations for the most suitable way forward.
What is the difference between probate and estate administration?
Whilst both these services are likely to be used reciprocally, estate administration refers to the area of law that deals with the entire process of dealing with the deceased’s estate, which can include assets such as money and property and any debts. Probate more specifically is the area of law that refers to the process of obtaining legal authorisation to administer the estate. If there is a Will, then the administration of the estate will be carried out by the appointed executors. Before this can happen however, the estate must be valued, and executors must report this to the HMRC, then apply to the Probate Registry for Grant of Probate.
Estate Administration Solicitors
Valuing and administrating an estate can often prove challenging, especially if there are complex assets involved such as overseas property or shares to consider. Our specialist estate administration solicitors can guide you through all these necessary stages, offering advice and expertise to ensure your loved one’s wishes are carried out in the most efficient and cost-effective manner.
We have the expertise and knowledge to assist you with all your estate administration matters, regardless of the complexity of the estate. To speak to one of our expert estate administration solicitors, call on 020 8695 2330, or email us at firstname.lastname@example.org and one of our team will contact you. For specific Probate advice, please visit our Probate Services page here.
Are you an Executor or Administrator of an Estate?
If you have been appointed as an executor or administrator of a person’s estate, you will be responsible for a number of certain tasks such as dealing with notifications to any banks and building societies that hold money for the deceased; collating financial information and documentation; preparing a schedule of all the money and property owned by the estate and dealing with any debts; calculating and paying inheritance tax and distributing the estate amongst the beneficiaries as set out in the Will or under the Rules of Intestacy.
These obligations and legalities can be extremely overwhelming and will involve many complex processes. Therefore, seeking the advice of a specialist wills and probate solicitor will be crucial.
At Parker Arrenberg, our wills and probate solicitors have been providing longstanding estate administration services to our local community in Catford, South East London and to clients across the UK for many years and our team have the knowledge and expertise to guide you through the responsibilities of being an executor of an estate.
We can also provide advice and guidance if a family member has passed away without a will or if you cannot find a will. In these circumstances, the intestacy rules will apply to the estate which will dictate who is entitled to what. Our estate administration and probate team can help you understand the implication of intestacy and guide you on the steps that need to be taken.
Your solicitor will always ensure that you are fully aware of any fees involved, and where possible we will work to a range of fixed fees depending on your requirements. If that is not possible, we will provide you with a very clear and transparent fee quotation that ensures you fully understand the fees you need to pay and what is included in those fees.
Get in Touch with Our Estate Administration Solicitors Today!
For more information on our estate administration and probate services, or advice on complex estate administration matters, get in touch with one of our expert wills and probate team today. Call us on 020 8695 2330 or email us at email@example.com and we will get back to you.