Probate solicitors Portsmouth relieve the
stress!
Andrew and Andrew Solicitors Limited
At first, the thought of being named as an executor of a deceased’s estate may not sound too daunting. However, there is a
lot of responsibility that comes with the role of being an executor of an estate. Not knowing and understanding the proper
process and the multitude of pitfalls can land an executor in a lot of trouble. It’s far better to get probate solicitors Portsmouth
to handle the estate while you concentrate on other things that have to be done and organised.
Certainties in life
It’s an old cliche but also a valid one; there are only two certainties in life, taxes and passing away. Therein lies the problem
when dealing with a deceased's estate: making sure that amongst all the other things, the tax implications have been properly
handled. Navigating the minefield that is involved in probate and everything associated with it is best left to probate solicitors
Portsmouth.
So what is probate?
Probate is defined as the right to handle someone's property legally. The word “legal” immediately throws up a red flag and is
why it is best to engage probate solicitors Portsmouth. First of all, it is necessary to establish whether there is a legal will. Some
people pass away without a will, which has its own set of challenges. In the case of no will, there are different rules as laid out
under the rules of intestacy.
What to do if you are nominated as the executor
If a person is nominated as an executor, it becomes their responsibility to handle the legal duties surrounding the process.
This will include settling all the debts of the estate, selling off assets if necessary and distributing the remaining assets. It
sounds straightforward enough, but there is a lot of searching and chasing necessary to ensure that everything is handled
correctly. If you as an executor are found to have