Have you recently suffered a bereavement? Are you looking for support and direction to administer a deceased’s estate?
Dealing with someone’s affairs when they die can be complicated and confusing, especially at a time of high emotion.
As a qualified Lawyer I am able to offer my expertise at this difficult and guide you through the entire process. I am sensitive, sincere and sympathetic to the needs of all of my clients during very difficult and trying times. Whether you need some advice on what steps you need to take in order to deal with the estate of a loved one or you are looking for someone to carry out services on your behalf, whatever your circumstances I can provide the right answers and solutions for you.
As with all of my other services, I operate on a Fixed Fee basis. By instructing MGF Wills & Estate Planning you will have the assurance of professional expertise, providing the right solutions for you at fixed rates. I am usually able to beat most other quotes so please get in touch to discuss your requirements.
An executor is a person the deceased wished to deal with the administration of their estate after their death. It is your Executor’s responsibility to:
Your choice of Executors and/or the Solicitors they instruct can determine how quickly and efficiently the administration of the estate is progressed. Through our fixed fee probate service, MGF Wills and Estate Planning can assist in how the administration of an estate is progressed, and can progress matters on a timely basis, in order to maintain low costs and high client satisfaction.
Someone’s estate is everything that they own; all of their assets (whether real property or personal property) and their liabilities.
Probate is the court’s authority, given to a person or persons, to administer a deceased person’s estate and the document issued by the Probate Registry is called a Grant of Representation. This document is usually required by the asset holders (such as banks) as proof to show the correct person or persons have the Probate Registry’s authority to administer a deceased person’s estate.
The Probate process is needed when investments (typically over £5,000) were held in the deceased’s sole name and the banks, building societies and other organisations request for a Grant of Probate/Letters of Administration in order to release the funds held.
We can prepare all the necessary papers within 5 working days of receiving full information about the estate from the Executor/ Administrator , and we can then obtain the Grant within 10 working days of the Executor/ Administrator signing and returning the duly signed papers to us.
A common misconception amongst people is that when a person dies their debts disappear but this is not the case unless otherwise stated. When a person dies their debts are paid for from their assets at the time of death. If their debt exceeds their available assets then the estate will be insolvent. Sometimes it is not known if an estate is insolvent until the grant of probate has been received. When the estate of the deceased is insolvent, gifts and legacies cannot be distributed to the beneficiaries under the Will. This part of the law is governed by Administration of Insolvent Estates of Deceased Persons Order 1986 (DPO 1986).
A personal representative is usually the named Executor of the deceased’s Will. When a person dies without making a Will, the personal representative is the person a grant of administration has been given to. It is the duty of the personal representative to pay off all debts of the deceased and if this is not done then they may be liable to pay money back into the estate. In order to avoid this, it is advised that the personal representative should apply for an Insolvency Administration Order. A personal representative or a creditor can apply for the IOA by way of a petition at court.
If you have a problem with your current Solicitor, Bank or Will Writing & Probate Company, let me help you resolve the problem, or take over the work efficiently and cost competitively. I have significant experience in this area.