Find the Right Probate Solicitors Bristol

Probate is the legal process of resolving all claims and distributing assets to beneficiaries after a person has died. The process can be complicated, so working with an experienced probate solicitor is key.

There are many factors that determine whether or not you will need to apply for probate if you are named as executor in the will. For more details, contact our expert probate solicitors at our Bristol office.

If there is a I will, the executor is legally responsible for estate administration, but if there is no will, this responsibility falls on the next of kin.

It is advisable to get help from certified solicitors when applying for probate. Our legal firm will walk you through every step of the process, from filling out paperwork to drafting letters of administration and ensuring that all taxes are paid.

In England and Wales, probate is not required if the estate is valued at less than £5,000. This allows for any estate worth this amount or less to be administered without going through probate.

Other instances where a will might not need probate is if:

• All of the assets are jointly owned
• All of the assets are held in trust
• There is no real estate involved

Instances where probate might be required include:

• If the estate is worth more than £5,000
• If they did not have a joint owner or beneficiary named on their accounts
• If they owned real estate in their name only

If you’re not sure whether you need probate for your certain circumstances, it’s a good idea to contact a solicitor. Make an appointment with our Bristol office today if you require bespoke legal advice regarding wills and probate.

The amount of time an estate takes to be granted probate varies. It might take as little as six months, or it could take more than a year for larger estates with multiple properties and assets located in different countries.

In general however, most estates are settled within 6 to 12 months after the initial probate process is completed.

There is no set threshold in the United Kingdom at this time. Instead, the bank or building society sets the limit based on how many accounts the deceased had open.

If you’re concerned about income tax or how the estate tax threshold may affect the possessions and property you’ll inherit, don’t hesitate to contact our probate solicitors in Bristol.

If a person dies without writing a will, those eligible under intestacy rules are given letters of administration, whereas executors are granted probate if there is a will.

Our solicitors in Bristol would be more than happy to provide a free consultation regarding your circumstances, so please do not hesitate to get in touch. We’re experts when it comes to probate law and wills, so you can rest assured that you are in good hands.

Yes, a death certificate is needed to proceed with probate by law, but if you haven’t received it yet, an interim one will suffice.

If you’re having difficulties obtaining a copy of your loved one’s certificate, our Bristol experts can help. We recognise that this is an unpleasant time for you and will do our very best to make the process as painless as possible.

You will have to pay taxes before probate is granted, as inheritance tax must be paid within six months of the decedent’s death. Otherwise, HMRC will begin charging interest on the outstanding tax. Letting this interest accrue may reduce your inheritance and take away from money in your personal account.

Contact our knowledgeable Bristol wills lawyers to get expert legal advice on probate and estate administration.

If an estate is over the inheritance tax threshold, it is almost always the deceased’s responsibility – not the beneficiaries.

However, any income from property or assets inherited by heirs can be included in the probate fee final invoices. What’s more, in certain circumstances, the beneficiaries may be required to pay any applicable taxes as part of their inheritance cost final bill.

Don’t know if you have to pay taxes? Get a free consultation from our legal team in Bristol today.

A probate grant must be obtained in order to access your loved one’s estate; this is required by financial institutions such as building societies and banks, so that they can transfer money to the correct individual.

Anyone, such as a close friend, civil partner, or surviving spouse, can seek the probate registry for a grant of probate. There are no eligibility requirements based on the applicant’s relationship to the deceased; as long as they are named in the will, they may apply for a grant of probate.

The amount of money you will have to pay in probate costs is determined by the size of the deceased person’s estate. For example, if you’re dealing with a huge estate, there will be more difficult tax forms and higher fees to deal with.