Although some people are able to manage the administration of a straightforward estate, there are often occasions where it’s prudent to seek professional guidance from a Probate Specialist. The Probate process can be arduous and stressful and mistakes made during the process can have consequences further down the line.
It’s advisable to use the services of a Probate Specialist where:
- The person has a large estate and died intestate (without a Will).
- The estate is large or complex – for example, where there is a lot of property, assets held in trust or abroad, or the person owned a business.
- The estate is over the Inheritance Tax (IHT) threshold (currently set at £325,000) – the IHT rules can be complicated and mistakes can incur financial penalties.
- There is a dispute over the assets – this could be over the validity of the Will itself or if there are dependents who were left out and want to make a claim for reasonable financial provision under the Inheritance (Provision for Family and Dependants) Act 1975.
- There may be an issue with bankruptcy – either the estate is bankrupt or there are suspicions that this may be the case.
- The named Executors have renounced their role or need to be removed and there are no suitable alternative Administrators.
- The Executors or Administrators realise that the task is beyond their capability – many Executors are family members who may simply find the role too much to cope with on top of their bereavement.
If you’d like to speak to someone about working together, please get in touch with the Laurelo team for an informal chat, on 0203 058 2329 or email info@laurelo.co.uk.
LAURELO PROBATE LATEST NEWS
Laurelo Shortlisted at the Probate Research Awards 2025
Laurelo Shortlisted at the Probate Research Awards 2025 We are thrilled to announce that Laurelo has been shortlisted for Probate Law Firm of the Year: Boutique at the Probate Research Awards 2025! 🎉 Known as the "Probies," these prestigious awards celebrate...
Laurelo’s Secret Sauce: People-First Approach to Probate and the Workplace:
So, what’s the secret behind Laurelo’s success? It’s simple: we put people first. It’s at the heart of how we approach probate and how we treat our team. Here’s how we make sure that people always come first, both inside and outside the office. A Compassionate...
Laurelo Celebrates Four Finalist Nominations at the Legal Growth Awards 2025!
Laurelo is proud to announce that we have been shortlisted in four categories at the Legal Growth Awards 2025, highlighting our dedication to exceptional service, leadership, and innovation in the legal sector! 🏆 Best Family Business – Recognising our...
Here at Laurelo, we're committed to our clients and their path to probate
Here at Laurelo, we're committed to our clients and their path to probate
