2010 - 2017

The Administration Of Your Estate - More On Probate

By Stan Taylor Written on:




 


Executors of a will take their authority from the will, and probate is confirmation of that authority. They are able to take up their duties from the moment of death. Where the estate is very small, they may be able to close bank accounts without formally obtaining a grant.

In contrast, administrators take their authority from the Grant of Letters of Administration.

The first step is to notify all the interested parties that the death has occurred. Banks and building societies, company registrars and so on should be written to with the death certificate and a note of the date of death.

Please note that it is no longer acceptable to photocopy death certificates. They are crown copyright. Professional practitioners have entered into a protocol with the banks, etc., whereby they send a death notification form containing the details copied from the death certificate. Lay executors administering estates in person will need to purchase extra copies of the death certificate.


New for 2017 - The Administration Of Your Estate - Probate Continued or The Administration Of Your Estate - Probate Again


Will Making basics

Free Will Sample download

see: Making a will - The Law Society. Please note that will making differs in Scotland and this website currently deals with English laFree Will download

 

Perhaps you might consider taking legal advice from a solicitor about making a will if any of the following apply to your circumstances:

 

  1. A number of people could make a claim on your estate when you pass away because they depend on yourself financially
  2. You want to include a trust in your will (perhaps to provide for children, to save tax, or simply protect your assets in some way after you become deceased)
  3. Your physical and permanent home is not in the UK and / or you are not a British citizen
  4. You live here in the UK but you have additional property abroad
  5. You own all or part of a UK business.
  6.  

see: Making a will - The Law Society. Please note that will making differs in Scotland and this website currently deals with English law.

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