{"id":145,"date":"2010-11-04T14:39:09","date_gmt":"2010-11-04T14:39:09","guid":{"rendered":"http:\/\/www.wills-etc.co.uk\/index.php\/"},"modified":"2011-06-02T10:24:18","modified_gmt":"2011-06-02T10:24:18","slug":"estate-administration","status":"publish","type":"page","link":"https:\/\/www.wills-etc.co.uk\/index.php\/estates\/estate-administration\/","title":{"rendered":"Estate Administration"},"content":{"rendered":"

Estate Administration<\/h1>\n

Upon death a deceased person\u2019s Estate must be administered and Grant of Probate or Grant of Letters of Administration obtained. The debts and tax must be paid first after which the net assets must then be paid to those who are entitled.<\/p>\n

I\u2019m not sure who is entitled under my mother\u2019s Will?<\/h3>\n

If you are not sure who is entitled to a person\u2019s Estate, please contact us<\/a>.<\/p>\n

Even if a Will is in place, it is not always clear who the Estate will go to.<\/p>\n

I can\u2019t find a Will!<\/h3>\n

If there is no Will, the Estate is Intestate and the Estate will be governed by the Intestacy Rules. The Intestacy Rules affect both who is to benefit and who is entitled to obtain the Grant (Grant of Letters of Administration).<\/p>\n

We can advise you on how to proceed and what happens next.<\/p>\n

What if tax is due. How can I pay it?<\/h3>\n

If the Estate is taxable an Inheritance Tax Account will need to be prepared. If Inheritance Tax is due on the Estate, this must be paid before a Grant can be obtained. Funds to pay the tax can usually come from the assets of the estate.<\/p>\n

We can prepare the Inheritance Tax Account and apply for the Grant of Probate on your behalf. Ask us about this service.<\/a><\/p>\n

What do I do about estate debts? I am worried that I don\u2019t know about all the estate debts<\/h3>\n

Debts don\u2019t die with you and Estate debts must be paid. As an Executor or Administrator, you may not know what debts the deceased ran up during life.<\/p>\n

To ensure that you can safely give the net proceeds to the beneficiaries without being liable for unknown debts, we put in place Statutory Advertisements to protect you from any such liability.<\/p>\n

The Will was straight forward and I thought the Estate would be easy to deal with. But I\u2019m stuck!!<\/h3>\n

Many people think it should be easy to deal with an Estate. If you have started to deal with an Estate and found that it is more complicated than you first thought. We can take over the administration for you. In many cases we are happy for you to collate some of the information we can then draw up the papers on your behalf.<\/p>\n

We can deal with as much or as little of the administration as you wish.<\/p>\n

Where do I hold Estate funds? I am not happy with putting them in my own personal account<\/h3>\n

If you are concerned about cashing in the assets of any Estate, we can hold the funds for you. We have a separate client deposit account where your funds can be held safely. Should you wish we can undertake the distribution of Estate funds on your behalf.<\/p>\n

Mum was going to change her Will, but never did. Is it too late now she\u2019s gone?<\/h3>\n

If you and your family are not happy with how a Will has been drawn, or how the Estate will be distributed under the Intestacy Rules. In many cases we can rearrange the distribution of assets through a Deed of Variation.<\/p>\n

We can vary the Estate so that the assets are distributed the way your mother would have wanted.<\/p>\n","protected":false},"excerpt":{"rendered":"

Estate Administration Upon death a deceased person\u2019s Estate must be administered and Grant of Probate or Grant of Letters of Administration obtained. The debts and tax must be paid first after which the net assets must then be paid to those who are entitled. I\u2019m not sure who is entitled under my mother\u2019s Will? If […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":32,"menu_order":2,"comment_status":"closed","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-145","page","type-page","status-publish","hentry"],"yoast_head":"\nProbate & Estates Advice | Professional Legal Advice Guildford Surrey<\/title>\n<meta name=\"description\" content=\"Estate administration: Wills Etc. We can advise you on all aspects of Probate, Tax and Administration of Estates. 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