How can you gift to charity in your Will? There are various ways you can leave money or assets to charity when you die. The main way is by making a valid Will during your lifetime. The Will typically would then contain one or more of the following most c…
When a person dies, someone must be authorised to deal with their estate, which may consist of assets such as a home, personal belongings, finances and liabilities.
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The person or persons who have the right to deal with or “administer” the estate is known as the deceased’s personal representatives (“PRs”).
Their role is to:
- collect in all the assets of the deceased;
- pay the liabilities; and
- distribute the balance according to the deceased’s will or the intestacy rules in the absence of a valid will.
Dealing with the affairs of a loved one following a death can be a difficult and stressful time. Our team has a vast amount of experience in administering estates and can offer as much or as little assistance as required. For further information, please visit our Probate Expertise page.
If you have any queries please contact Kanika Sohpal on 0113 336 3384 or at firstname.lastname@example.org
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A sharp hike in the probate fees for larger estates has been announced by the government -resurrecting a plan that was dropped last year in the approach to the 2017 general election. The fee for applying for probate is set to increase from April 2019. C…