Probate and Estate Administration
Dealing with a deceased estate, and applying for a grant of probate, is one of the more difficult challenges in life. From mountains of paperwork to legal jargon and simmering family disputes, theyâ€™re the last things you want to deal with when youâ€™re grieving the loss of someone important in your life.
What is Probate or Letters of Administration?
A grant of Probate from the Supreme Court, or Letters of Administration, are both grants of representation. These give a person the legal right to administer the estate of a deceased person – the executor in the case of a grant of Probate, and the administrator in the case of Letters of Administration.
Why is Probate needed?
A grant of probate is not needed in every estate. If there are no estate assets that need probate, then a grant of representation is not required.
For an executor to deal with real estate (sell or transfer the family home, for example), they will need a grant of probate. Some share holdings and bank accounts will also require probate before they are released or transferrable.
Let TBA Law help with:
- interpreting the Will or dealing with intestacy
- identifying estate assets and liabilities
- obtaining valuations of estate property
- applying for Probate of the Will in the Supreme Court
- applying for Letters of Administration (if the Will is invalid or is lost)
- collecting estate assets, and selling or transferring estate property
- paying estate debts
- advising about family and testamentary trusts
- administering trust funds
- distributing bequests and inheritances to beneficiaries
- organising final estate tax returns
- family mediation and negotiation
- contesting wills and defending estate litigation