Estate Administration (also known as “Probate”), is the process of dealing with an individual’s estate after they have passed away. Some people will choose to carry out the administration process themselves. Whilst this may be an option, there are many situations where it may be advisable to use a professional e.g. where inheritance tax is likely to be payable, where there are minor beneficiaries or trusts involved, where the validity of the Will is in question, or where the Will could be contested.
Acting as an Executor can be complex, and time-consuming. The process relies on specialist legal knowledge, and there are many things that could arise that may cause complications. Whilst it can be possible for a lay-person to deal with the deceased’s estate without a professional’s help, this often leads to delays and problems further down the line. Executors are also personally liable for any losses arising from their actions.
At Dunham McCarthy, our team and the various associates and specialists that we work with can help. Together we offer a comprehensive, and tailored service. We can help with anything from a Grant of Probate, to dealing with inheritance tax liabilities.