Probate & Administration (Part Two)
Manage episode 306622402 series 3004245
Welcome to Berry & Lamberts Solicitors’ podcast series, ‘Planning for your Future’
In this second episode, experienced Private Client Solicitor, Anthony Kalp, explains in detail how to obtain the Grant of Representation and Administer the Estate. The first episode covered the preliminary work involved before applying for a Grant.
When a person dies, their estate will need to be administered and distributed in accordance with a Will or the Rules of Intestacy, if there was no valid Will. This means that their property will have to be collected or sold, debts will have to be paid and inheritance tax will have to be accounted for to HM Revenue & Customs. Depending on the size of the estate, and the types and individual value of the assets, a Grant of Representation may be required.
Our 'Planning for your Future' series discusses, in everyday language, how planning can help you navigate your way through the ups and downs of life and how getting your affairs in place now can assist your loved ones’ future responsibilities.
Berry & Lamberts Solicitors - We’re right by you… through the good times, challenging times and sad times.
Find out more about us, our services and what our clients say, at www.berryandlamberts.co.uk.
Please note that the information provided in this podcast series does not constitute legal advice and serves as a general guide only. The law may have changed since this podcast was recorded. Listeners should seek tailored legal advice from a solicitor who will take your individual and personal circumstances in consideration.
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