Probate fees fixed in advance

05. February 2023 · Write a comment · Categories: Legal Services · Tags: , , ,

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The passing of a loved one can change your world in an instant. In one moment, everything is as it should be, and then within a heartbeat, it can all come crashing down. Sometimes we are prepared for the passing of our loved one in that we know it is coming but it does not take away the impact of that final moment when it actually happens. No matter how mentally prepared you may be, especially when a person has an illness for an extended period of time, there is always that sense of hope that things will be ok. When that call comes and hope dissolves, you need a support structure in place to help you navigate the unknown road ahead.

Grieving loved ones, are advised to include, in their support system, a probate legal expert.

When it comes to the legalities associated with the end of life, Lodge Brothers Legal Services probate Shepperton knows what is needed to the executor of an estate is responsible for the probate West Byfleet process which authenticates a last will and testament of the deceased person.

Should the deceased have a will in place, Lodge Brothers Legal Services have the training and expertise required to facilitate the court-administered legal process of probate Walton. Even more importantly, when an individual does not have a last will and testament, the process can become significantly more difficult. While families deal with the immense emotional grief which they must face when their loved one passes, Lodge Brothers Legal Services solicitors take care of the legal logistics.

There are 4 steps to the probate Sunbury process. Firstly, the will, should there be one, has to be proved for authenticity. This is required to make sure that the Will is the most valid and latest version. In order for this to happen, a case is filed at the court. Once the court has validated the Will, the court will be in contact with the relevant beneficiaries and creditors. Before the beneficiaries can inherit assess indicated in the Will, creditors will need to be paid. Thus clearing all debts and outstanding taxes, so that the court can process the remaining assets as stipulated by the Will. At this stage there may be objections raised either as a result of complicated family dynamics or resulting from the process whereby all debts were settled. Should the debts out-weigh the assets, beneficiaries would not be advised and this may cause financial and emotions stress for the family. Should the estate be unaffected by the debtors payments, an inventory of the properties and other assets such as jewelry, furniture and other possessions. The assessment covers everything from bank accounts affected by joint-tenancy with rights of survivorship, to distinguishing between probate or non-probate assets and properties.

At the end of the probate process the assets will be distributed according to the instructions found within the Will. The process of executing probate and closing an estate can be a long and difficult one and your Lodge Brothers Legal Services attorney will be available for consultation until such time as all details are legally finalised.

 

Lodge Brothers Probate West Byfleet offer caring and practical legal advice

15. November 2020 · Write a comment · Categories: Funeral Director, Legal Services · Tags: , ,

Inevitably, life tends to have a way of getting away with us. We leave school as young adults, searching for incomes which will allow us the independence that we so covet. Earning money means we have the power to make the choices about our own lives that feel so important to us at the time. Whether our goals are to grow our careers, or to start a family, independence generally decreases as we become more financially viable. What begins as an endeavour to be the best person that we can be, results in the accrual of material things and people. The car you save for to empower freedom of choice in your life becomes an asset. The type of social interactions which you choose, leads to you meet likeminded individuals and perhaps eventually results in a joining of kindred spirits in matrimony or the like. Families grow, houses are built and the need for a more stable income grows. All of these things that you need to build to sustain your life, become your assets. You have a choice over them in life. So too, do you have a choice over them in death.

Life unwittingly takes hold of us and often, the administration of your life is left at the bottom of the list of things to do. Stats show that 38% of adults living in the UK passed away last year without a will. Your will is your last chance to make voice heard and to have your final choices carried out as you would have done if you were still able. Failing to plan for your estate your estate via your will, you leave a lot to chance. And if you have not lived your life leaving all things to chance, why let it be the case in your death. No one person knows your wishes and desires as well as you do so when you pass away without a will and your estate is then governed by the laws of intestacy which means that everything that you have worked your whole life to attain is now governed by a set of rules enforced by the courts. Only married or civil partners and some of your close relatives are able to inherit your estate under the laws of intestacy which means that the courts may assign your possessions to someone who you had never intended them to.

Lodge Brothers attorneys specialise exclusively in Probate, Wills and Power of Attorney. Probate Weybridge is the process, which confirms who will handle a person’s estate after their death and it is important to have, as it is a legal requirement. Probate Sunbury is a complicated system that is advisable to be handled by a competent probate attorney. Aspects of the Probate Shepperton process include, establishing the value of your assets and liabilities, finalising Inheritance Tax, applying for Probate Registry for the Grant of Probate or Grant of Letters of Administration. Lodge Brothers Probate West Byfleet offer caring and practical legal advice efficiently and professionally to make your life easier during distressing times.