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Administering an Estate

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Administering an Estate

When someone close to you dies, you may need help to administer their estate (the money, property and possessions they owned and have left behind).  This will involve valuing and collecting in the assets and possibly obtaining Probate. Probate is the name for the process of establishing the validity of the will and entitlement to deal with the assets. There may be debts and tax to be paid then the division of the remaining estate amongst the beneficiaries named in the Will.

Its important to know that whilst this may all appear to be quite simple, there can be traps for the unwary which we can help you to avoid.

If you've been named as an Executor (the person named in the Will to administer the estate) our team can provide you with the necessary guidance and support to help you through the practicalities of administering the estate for which you have taken personal responsibility.

If, on the other hand, there is no Will (an intestate estate) and you are the family member who has stepped forward to look after matters on your family’s behalf, our team can talk you through the requirements and provide all the help you need to make sure you are able to administer the estate in the right way.

We can also advise on more complex matters, such as completing the Inheritance Tax return, dealing with tax in the administration period and the preparation of Estate Accounts.

If required, we can also assist with the sale or transfer of any property or land or any of the other assets owned by the deceased, and to make the process easier for you.

Our aim is to make the administration and division of the estate as straightforward and stress-free as it possibly can be for you at such a difficult time.

To contact our friendly and experienced team, and for a free initial discussion, please call Rachel Dullforce on 01491 839839 or email rachel.dullforce@hedgeslaw.co.uk