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Collect the assets
Use the Grant of Probate to collect the deceased estate's assets eg. money at bank, sale of a car, sale of a house. Read this article on How to sell a probate property. Not all assets are sold and some are passed as they are to the beneficiary such as jewellery.
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Pay off the deceased's liabilities
Pay any debts eg. gas bills, council tax, telephone bill.
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Pay the beneficiaries
Distribute the estate - giving any property, money or possession to the people entitled to it (Beneficiaries). The beneficiaries of an estate are set out within the will of the deceased, or if there is no will then the estate is distributed as per the Intestacy Rules (read this article on who inherits under intestacy).
What is the role of an executor of a Will?
When there is a Will
The person who handles the final wishes of the a deceased person is stated within their will and these people are called Executors. You normally have two executors named in a will, however you can have as many as 4.
When there isn't a will
The person who handles the administration of an estate intestate (an estate without a will) is called the Administrator.
Need help from a Probate Solicitor
With the death of a close family member or friend, you may not be feeling up to the task of administering the estate. If this is the case then you can employ the services of a solicitor to handle the whole process for you. The solicitor's legal fees are normally covered as an expense under the estate so you don't have to pay for this yourself.
Our team of Wills & Probate solicitors are on hand to help through handling this for you. Our fees are fixed for all the work from grant of probate to final distribution.
Call our specialists on 0333 344 3234 or email help@samconveyancing.co.uk
Frequently asked questions
How to find out the value of a deceased person's estate?
If you do not know the value of a deceased person's estate or how many assets they own, you can pay a company to search for the assets of the deceased.
What is included in an estate when someone dies?
All assets held in the name of the deceased in their sole name. Jointly owned property need to be reviewed abou the intentions for the ownership.
How to find out the value of a deceased person's estate?
The Executor/Administrator is responsible for valuing the deceased person's estate.
What if the executor does not distribute the estate after probate?
Yes. In order to obtain the assets of the deceased you will need grant of probate/letters of administration.
Do I need probate for a small estate?
Yes. In order to obtain the assets of the deceased you will need grant of probate/letters of administration.
Do I need probate if my husband dies?
Only if your husband didn't have a will. The will confirms who the executor will be to organise the application for a grant of probate. If there is no will then the estate of the deceased passes to his wife under intestacy rules.
