DO I NEED A
ANDREW AND ANDREW SOLICITORS
When a family member dies it is a t ime for grieving. If you want to
make this t ime as stress free as possible and the deceased person has a
complicated estate to attend to, working with probate solicitors
Portsmouth could be the solution for you.
WHAT IS A PROBATE SOLICITOR?
In England and Wales probate is the word used to describe the f inancial
and legal processes involved in dealing with the money, property and
possessions/assets of a person who has died. Probate is the process
you go through with your probate solicitors Portsmouth in order to
make sure that a wil l is val id and to confirm who has authority to
administer the estate of the person who has died.
Before the next of kin can take control of any assets that they then
might want to transfer, sel l or redistribute they might have to apply for
a grant of probate. A grant of probate is a document sometimes needed
to grant access to assets, the bank accounts of the person who has died
and to settle debts. When you visit your probate solicitors Portsmouth
they wil l be able to tel l you if this is a document you need.
Probate solicitors Portsmouth work to make sure you are granted
probate and deal with the legal tax, property and estate administration
affairs on your behalf .
WHEN DO I NEED TO USE PROBATE
There are many reasons using probate solicitors Portsmouth could be right for
you. Firstly, if the estate is valued over the inheritance tax threshold and this
estate is still earning a regular income, the threshold for the 2021/2022 tax
year is £325,000 so this will need to be addressed. Secondly, if the deceased
person died without leaving a will, and it is a complicated estate to sort out.
Then if there are doubts about the will, for example its validity or if the
deceased had dependants who want to make claims on a will they were not
included in. Complications can occur if the estate has assets held in trust, or it