When someone close to you dies, somebody has to deal with their "estate". A person's estate is considered to be made up of the money, property and any possessions they had at the time of their death. The process of Probate involves collecting any money that is owed, settling any debts due (including outstanding taxes) and dividing the estate amongst the respective beneficiaries.
All assets (including property) in an estate will remain frozen, until the Probate Registry gives the authority (via a document know as a Grant of Representation) to the "executor" nominated in a Will. If there is no Will, then it is up to the most appropriate member of the family member to act on behalf of the estate.
If there is a Will, the estate will pass to the people named in the Will. If there is no Will, certain rules, known as the Rules of Intestacy, will apply.
Administering an estate can involve complex legal issues and technicalities, and a wide range of different legal factors often need to be taken into account. Whether you are an Executor or the next of kin, we can provide practical guidance to help you deal with the administration of an estate.
For more information please call us or make an enquiry using our online enquiry form.