Find the Right Probate Solicitors Derby
Probate & Property Advice UK
At Legacy Wills and Probate Derby, we realise that dealing with a loved one’s estate may be extremely stressful, which is why we do everything we can to make the process as simple as possible for you.
The typical way of probating an estate involves two legal services: gaining access to the legal document (either a grant of probate or letters of administration) and resolving the estate.
Our Derby team is skilled in the field of probate and works both swiftly and accurately, even with complicated estates, which are difficult to manage without professional help.
Simply fill out the form below for a quick quote or use the button below to contact our Derby office.
For Derby Probate Service & Best Advice, Choose Legacy Wills and Probate
Many of us wonder what will happen to our belongings when we die, especially property which typically makes up a big chunk of an estate’s value. The good news is that there are steps we can take to make sure your assets go where you want them to.
We can assist you with your lifetime planning so that your belongings are handed down to your loved ones. We’re available for any help you require from start to finish, including matters regarding letters of administration, probate registry, and much more.
Additionally, if you were a civil partner, another relative, or a close friend of the deceased, our Derby probate solicitors can help. When there is no will or even when money owed by the deceased person is an issue, we can help with complex issues such as complicated life insurance policies.
Get in contact with one of our knowledgeable solicitors, who will provide you with expert counsel and practical assistance for lifetime planning and family law.
What Will Legacy Wills & Probate Do For Me?
At Legacy Wills & Probate, we can assist you with all matters regarding wills and probate, whether it’s obtaining the death certificate or drafting a will.
Our solicitors in Derby will do everything possible to help make this time a little easier for you. For example, if you are going through the probate process, our specialists can contact third parties on your behalf, such as any insurance provider or mortgage lender.
If you need Derby will services, don’t hesitate to contact our probate team. We offer free consultations and personalised advice to people of all backgrounds, including those dealing with complex estates (such as international properties, multiple homes, and individuals who didn’t have a will).
Start Your Probate Application Today
Let Us Take Care Of The Probate Process, So You Can Focus On What Matters
Peace Of Mind
After you’ve lost a loved one, it’s more important than ever that you take the time to grieve and look after your mental health. At Legacy Wills and Probate, we can provide a complete range of legal services to take the pressure off your shoulders.
Being With Your Family
Instead of worrying about probate, with endless back and forth between yourself and HMRC, you’ll be able to spend time with your family and loved ones, giving you the time and space to recover from the bereavement.
Spending Your Time Well
Our experienced, sympathetic team will take care of everything for you. That means no stress about HMRC or inheritance tax and, instead, focusing on overcoming your grief and spending your time well.
Probate & The Care Act
The Care Act of 2014 (England only) consolidates previous social care rules. Those who use social care services or might need them in the future are especially affected by this legislation, as well as those who pay for their own care.
To learn more about how the Care Act will affect you and your loved ones, contact us today. Our helpful and knowledgeable staff at Legacy Wills and Probate would be more than happy to answer any of your questions; simply give us a call at 01332 653 766.
Top questions about applying for probate
Probate is the legal process of administering a deceased person’s estate, resolving all claims, and distributing their assets to beneficiaries.
Our Derby probate office provides a cost effective service to executors named in a will, as well as anyone else who may need our help. If you find yourself involved in a contentious situation, don’t hesitate to reach out to one of our helpful probate solicitors for information on your legal rights.
The person in charge of the will is known as the executor or administrator. If there isn’t a will, the closest relative would be held responsible. Probate is a time-consuming and complicated procedure that should be handled by a solicitor.
At each step, we are there for our clients. This includes filling out the probate application form, drafting letters of administration, and paying all associated taxes.
You won’t need probate services if the inheritance is small and there are no arguments regarding the will. What’s more, probate is only necessary if the estate is worth more than a certain amount, which is typically £5,000. If that’s not the case, then you can distribute it without going through probate.
Other reasons why a will might not need probate include:
- If all of the assets are jointly owned
- If all of the assets are held in trust
- If there is no real estate involved
Reasons why a will might need probate include:
- If the estate is worth more than £5,000
- If the deceased did not have a joint owner or beneficiary named on their accounts
- If the deceased owned real estate in their name only
If you’re not sure whether probate is required in your situation, we recommend consulting with one of our probate solicitors. For expert advice on the next steps, contact our Derby probate office.
The length of time it takes for probate to be granted depends on a range of factors, such as the estate’s size and complexity. If, for example, the property is large or includes assets located overseas, probate may take as long as one year or more to complete.
However, the probate process generally takes anywhere from six months to a year after the initial registry, though this depends on individual circumstances.
The probate threshold is currently set by the bank or building society. At this time, there is no specified probate threshold for England or Wales.
If you’re concerned about income tax or any other taxes that may be inherited through a will, contact our probate solicitors in Derby.
If there is a will, only executors may apply for a probate grant, whereas if there is no will (intestacy), letters of administration are given to those who meet intestacy requirements.
Our knowledgeable probate team at Legacy Wills and Probate can help you every step of the way if you need to obtain letters of administration. We are also here to support you if obtaining these documents is contentious.
For more information about our excellent service, please reach out to one of our probate solicitors today.
If you are having trouble obtaining a death certificate, an interim certification will suffice. Our probate solicitors understand how difficult it is to lose someone and will do everything possible to make the process as simple as possible for you.
Yes, inheritance tax must be settled first. If you do not pay inheritance tax within six months after the deceased’s death, HMRC will charge interest on the outstanding amount. Allowing accrued interest in inheritance tax to accrue might result in your receiving a smaller portion of the decedent’s estate and even depleting personal funds.
At our law firm, we have experienced Derby wills and probate solicitors who can help you understand inheritance taxes.
The person who has died is typically responsible for any outstanding tax obligations. However, if you benefit from a deceased person’s estate, know that in some cases you may have to pay taxes on the income the estate generated.
In other instances, part of the probate fee entails paying taxes. If you are unsure if or how much to pay in taxes, please contact our solicitors for further expert advice.
To access a deceased person’s assets in the United Kingdom, you’ll need a probate grant from the Probate Registry. This document is always required by financial institutions like building societies and banks to ensure that money or assets are sent to the correct individual.
A close relative, civil partner, surviving spouse, unmarried partner, or family member may apply for the grant of probate from the probate registry. You do not have to be related to the deceased in order to apply for the grant of probate; you only need to be named in their will.
The amount of money left behind by the deceased will determine how much you’ll have to spend on probate costs, such as the probate court fee. Probate expenses are also influenced by capital gains taxes and inheritance tax forms, which may be time consuming if the estate is big.
Start Your Probate Application Today
At Legacy Wills & Probate, we provide excellent service for probate and letters of administration in Derby and elsewhere in the UK.
Our probate process is divided into four categories:
- Check if you need probate – probate is required in the United Kingdom for approximately half of all deaths. If the deceased person’s estate is worth less than £5,000 and most of the assets were held jointly, probate may not be required.
- Determine the estate’s value – calculate how much money the deceased’s estate may be worth. This includes everything from real estate to savings accounts, bank accounts, building society accounts, shares, investments, overseas accounts, and more.
- We can assist clients with applying for and receiving a Grant of Probate or Letters of Administration, which can take anywhere from 6 months to one year depending on the size and complexity of the estate.
- The estate administration phase involves distributing the property according to the will, paying inheritance tax, handling belongings, closing accounts, and keeping HMRC informed throughout the process.
Get Started With One Quick Phone Call
Our top probate solicitors in Derby will answer any queries regarding whether probate is needed, how much probate fees cost, and even ways to increase the amount you’ll receive from the estate of the deceased.
Our team of legal experts at Legacy Wills & Probate Derby can be beside you every step of the way- whether you’re dealing with probate because you are the executor of a will or if a loved one has passed away without a will.
Call our Wills and Probate Solicitors in Derby to Start Your Probate Registry Today
Call our estate administration experts, letters of administration specialists, and probate solicitors today for a free consultation. To talk to one of our estate administration experts in Derby, dial 01332 653 766.
For Professional Advice and Legal Service, Call our Derby Office Today
We know that probate can be tough for our clients, so we do everything in our power to make the process as smooth as possible. Our number one priority is working closely with you to finalise all estate taxes and legal documentation.
For prompt, excellent service, don’t hesitate to contact our Derby office today. You can reach out to our local staff by calling 01332 653 766 or emailing us at firstname.lastname@example.org, and we’ll reply as soon as we can.
We will look into your situation to offer an unbiased assessment of how much probate will cost and which service is right for you.