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An overview of Inheritance Tax and gifting

on 13-Feb-2024 09:56:22 By | Nigel Merchant |
When estate planning or dealing with the estate of someone who has died, you may have to handle Inheritance Tax (IHT).
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What is a Trustee in a Will?

on 26-Jan-2024 17:00:57 By | Charlotte Toogood |
When creating a Will, it’s important to consider who will be taking care of your estate upon your death. There are many roles involved in the estate administration process that may include the named Executor(s) and Trustee(s). In this blog, we will explain the role of a Trustee in a Will, how they are appointed, and the difference between Trustees, Executors, and beneficiaries.
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What is the probate process?

on 12-Jan-2024 16:45:00 By | Nigel Merchant |
When a loved one passes away, there are many tasks that must be completed before their estate can be distributed to the beneficiaries. One of those tasks may be applying for probate; probate is not always needed, but if it’s required, it can be a confusing process that involves a lot of time and effort. This blog aims to simplify probate and explain what it is, when it’s required, and the application process.
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How difficult is it to do probate yourself?

on 01-Oct-2023 22:00:00 By | Nigel Merchant |
Probate refers to the process of obtaining a Grant of Probate, which is a legal document that an Executor may have to obtain in order to administer the estate of someone who has passed away. Many choose to instruct a professional to apply for probate on their behalf, as it is a complicated process that involves a lot of paperwork and legal knowledge.
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Can probate fees be paid from the estate?

on 01-Oct-2023 22:00:00 By | Charlotte Toogood |
When dealing with the death of a loved one, many Executors find themselves worrying about the costs of administering the estate and how fees can be paid. Acting as an Executor or Administrator is not a paid role, and it’s common to feel concerned that it may leave you out of pocket. In this blog, we’ll cover what probate is and whether probate (and other fees) can be paid out of the estate.
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What is an excepted estate?

on 28-Sep-2023 09:04:41 By | Nigel Merchant |
Probate refers to the process of applying for a Grant of Probate(when there is a Will) or Letters of Administration (when there is no Will), which are legal documents that the person dealing with the estate may be required to obtain. If required, the Grant of Representation (the umbrella term for both documents) gives this individual the legal right to proceed with estate administration, which is the entire process of dealing with the assets and liabilities of someone who has died and then distributing their estate to the beneficiaries.
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Why it’s beneficial to use a professional estate administration provider

on 14-Aug-2023 14:41:39 By | Nigel Merchant |
When you’re faced with the responsibility of being named as an Executor in a Will, there are many things to consider. The tasks included in the role can be time-consuming and involve complex legal jargon, which can prove overwhelming during the difficult time of losing someone. Whilst an Executor is required to deal with the estate, help is available, and they have the option of instructing a professional provider. In this blog, we will provide an overview of the Executor role and why it can be beneficial to seek professional support.
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Rules of intestacy: What happens when you die without a Will

on 26-Jul-2023 09:19:00 By | Charlotte Toogood |
What are the UK rules of intestacy? When someone dies without a Will, they are said to have died intestate, and their estate must be distributed following the rules of intestacy.
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What to do when someone dies without a Will

on 26-Jul-2023 08:45:00 By | Charlotte Toogood |
When someone dies without leaving a Will, it is known as dying intestate. Intestacy can complicate the probate and estate administration processes, as the law decides who will deal with the estate and who will inherit from it. In this blog, we aim to answer frequently asked questions about the processes involved when someone dies without a Will in the UK.
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