Find the Right Probate Solicitors Leeds
Probate & Property Advice UK
At Legacy Wills & Probate, our solicitors can help you through the entire probate process and distribute your loved one’s assets according to their wishes.
Normally, there are two parts of probate: obtaining a legal document (such as a grant of probate or letters of administration) and resolving the estate. With our experienced wills and probate team by your side, we can ensure that everything is handled correctly so that you don’t have to worry.
Do you require legal assistance with your estate in Leeds? We can handle the most complicated inheritances quickly and correctly. Simply fill out the form below for a no-obligation quotation to start.
For Services & Practical Advice, Choose Legacy Wills and Probate
It’s only natural to consider what will happen to your possessions after you pass away, especially if you’re a homeowner. After all, a property is a significant portion of most people’s net worth.
We realise that property transfer and estate administration may be time consuming and stressful. Our probate and wills law firm in Leeds will work closely with you throughout the process, dealing with everything from filing for probate to distributing your belongings according to your wishes.
If you were close to the person who passed away, we’re here to help our clients any way possible. For example, we can offer guidance when life insurance coverage is complicated or if no will was left. Even if money is owed by the deceased, we might be able to assist with that too.
If you have any queries regarding our service, please contact one of our probate solicitors. We would be more than happy to discuss the cost of a probate application as well as any other charges that may apply to your financial affairs.
What Will Legacy Wills & Probate Do For Me?
We want to make things simple for you during tough times, so our trust and estate practitioners will handle everything they can. Our local firm is regulated by the Solicitors Regulation Authority and can reach out to third parties on your behalf. For instance, our expert lawyers can contact insurance companies or mortgage providers on your behalf.
Do you require legal assistance for probate in Leeds? We serve anybody, regardless of how simple or complicated the deceased’s estate is.
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 2014 (England only) is a piece of legislation that consolidates all previous social care legislation. This mostly affects those who use social care services, or those who will pay for their own future care.
If you’re wondering how the Care Act applies to you and your loved ones, call Legacy Wills & Probate on 01603 343 892. We would be happy to answer any questions that you may have.
Top questions about applying for probate
The legal procedure of distributing a deceased person’s assets to their heirs is known as probate. To carry out this, you must first acquire a probate grant, which is a document required by financial institutions like building societies and banks to guarantee that money or belongings are delivered to the proper recipient. .
If you’re the executor of a will, you may be wondering if probate is necessary. The answer depends on the value of the estate and the type of assets involved. Generally speaking, probate is only required if the estate is valued at over £5,000, but there are some exceptions to this rule.
If you have any questions or concerns about the probate process, our experienced and qualified solicitors can help.
It is your responsibility as the executor of a will to deal with probate and estate administration. However, if no designee has been designated, next of kin are responsible.
It can be a good idea to hire a qualified probate and will solicitor to help. Our solicitors will handle everything from start to finish, while ensuring that you know exactly what happens at each step.
When an individual’s estate is worth less than a set amount, probate is required. The minimum threshold in England and Wales is usually £5,000, so any estate valued at less may be handled without going through probate.
Some instances where a will might not need probate are if:
- All of the assets are jointly owned
- All of the assets are held in trust
- There is no real estate involved
Reasons why probate might be required 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 you need to go through probate, get in touch with a probate solicitor. Our Leeds office would be happy to take your call and give you professional advice about what to do next.
The amount of time it takes to complete probate is determined by the estate’s size and complexity. A smaller, more straightforward estate might be granted probate in a month or two, while a larger one with multiple properties and foreign assets may take over a year.
In general, most estates are cleared in six months to a year after the probate has been completed.
There is currently no universal probate threshold in England or Wales. Instead, the bank or building society calculates the deceased’s total number of bank accounts.
Reach out to Legacy Wills and Probate today if you’re anxious about income tax, estate administration, or the inheritance tax threshold for any assets or property you might inherit from a will.
The legal process of distributing a deceased person’s assets to their beneficiaries is known as probate. Administration is similar to probate, but it is required in situations where there is no will. The administrator must follow the intestacy rules in order to distribute the assets according to these rules.
Legacy Wills and Probate offers free consultations to assist you in your time of need. We understand how distressing it may be to have probate or estate issues, so don’t hesitate to contact our solicitors.
An official death certificate is necessary, but if you don’t have one yet, an interim certificate will suffice for now. If you’re having trouble obtaining a copy of your loved one’s death certificate, our probate and wills solicitors in Leeds can help you out.
Probate cannot be granted until all taxes, including inheritance tax, have been paid. If you don’t pay the inherited tax within six months of the person’s death, HMRC will begin charging interest on the unpaid amount. Not taking action to reduce accrued estate inheritance could take money out of your personal account.
Funds from the estate of the deceased person are used to pay inheritance tax to HM Revenue and Customs (HMRC), which is done by the executor of the will. The beneficiaries don’t normally pay tax on any assets they inherit.
Yes, in order to access all the assets, you must first acquire a probate grant. This document is required by financial institutions such as building societies and banks to guarantee that funds or possessions are sent to the appropriate recipient.
A close friend, civil partner, or spouse may apply for probate through the probate registry. As long as the applicant is named in the will, their connection to the deceased is not important.
The cost of settling an estate is determined by the size of the deceased’s assets. If the inheritance is large, more complicated tax forms and higher probates fees will be required.
Start Your Probate Application Today
Here at Legacy Wills and Probate, we’re experts in letters of administration and probate. We offer our services in Leeds and across the rest of the UK.
There are four steps to our personal service:
- Determining whether probate is required – this depends on several factors, including the size of the deceased’s estate and any assets that were held in joint ownership.
- The second step is to calculate the value of the estate. You’ll need to determine how much the deceased’s assets are worth, which covers items such as property, savings and investment accounts, stocks, etc.
- We can assist you with all of the prerequisites for probate or letters of administration, including tax documents.
- The last step involves distributing the deceased person’s property according to their will, paying any inheritance taxes that are due, managing properties held by the departed, closing accounts and reporting your progress to HMRC.
Give Us a Call to Get Started
We will review your case over the phone and give you a general idea of costs, as well as other options that may be in your best interest. We can guide executors through the probate process and offer support to relatives of the deceased.
Call our Wills and Probate Solicitors in Leeds to Start Your Probate Registry
Our Leeds probate office provides free consultations to help you obtain the best legal advice for free. Please contact us at 01603 343 892 now to talk with one of our expert estate advisors, letters of administration experts, or probate solicitors.
For Probate Advice and Services in Leeds, Call Legacy Wills & Probate Today
We take pride in accompanying our clients through every aspect of the probate process. We make certain that all complicated tax and estate assets are appropriately handled so you can be confident that your loved one’s affairs are taken care of.
If you would like more information about our service, please give us a call at 01603 343 892 or email us at email@example.com.
One of our knowledgeable probate solicitors will take the time to hear about your unique situation to advise you on which personal service is the best fit for you.