Probate extraction

What is Probate extraction?

We can obtain the Grant of Probate on behalf of the named Executor if there is a Will or Administrator if there is no Will. This allows the Executor and Administrator to collect in funds, pay any outstanding debts and then distribute and/or transfer the assets to the beneficiaries.

Have an initial face to face consultation.
Ask the Executor or Administrator to complete a Fact Find, which will ask for key information about the deceased’s assets and debts at the date of death.
Use the Fact Find to prepare the paperwork for the Probate Registry and HMRC (as this is always required) for signature.
Submit the application to the Probate Registry.
Upon receipt of the Grant of Probate, we will send this to the Executor or Administrator to allow them to complete the process.

probate advice line Laurelo What is Probate extraction?

The Process of Probate

Check if there is a will

If there is no will follow intestacy rules

Value the estate and report it to HMRC

Apply for Probate

CLICK FOR PROBABTE HELP

Full Administration Process

1
Check if there is a Will
2
If there is no will follow Intestacy rules
3
Value the estate and report it to HMRC
4
Apply for Probate
5
Place Statutory notices to protect Exceutors
6
Collect the estate assets ready for distribution
7
Pay off any debts including utility bills
8
Prepare the Estate Accounts
9
The may have to complete an income and capital gains tax return
10
Distribute the Estate to Beneficiaries (includes house sale, liquidating assets etc).