Administration of Estates
When someone close to you dies, someone has to deal with their estate. A person's estate is considered to be made up of the money, property and any possessions they had at the time of their death. If there is a Will the estate will pass to people named in the Will. If there is no Will certain rules, known as the Rules of Intestacy will apply.
Probate is the legal certification (by the Probate Registry in the High Court) of a Will, authorising Executors to handle the affairs of the deceased.
The process of Probate involves collecting any money that is owed, settling debts due and dividing the estate amongst the respective beneficiaries.
An estate will be an Intestate one if the deceased person died without a Will. Instead of a grant of Probate, the Court will issue a Grant of Administration. It is then up to the most appropriate family member to become the administrator of the estate. Administrators perform the same functions as Executors under a Will.
Those appointed to manage another person's financial affairs by the Court are called Deputies. Once appointed, the Deputy will be supervised by the Court and will have to ask the Court's permission to take certain actions.
A Grant of Representation is a collective term for a Grant of Probate or a Grant of Administration.
Whether you are an Executor or a next of kin, our specialist probate solicitors can:
- Provide practical guidance to help you deal with administration of someone's estate
- Help you determine the size of an estate for Probate and Inheritance tax purposes
- Prepare a probate application or an application for a grant of representation
- Help you lodge the required forms with the relevant organisations to collect monies due to the estate and settle outstanding debts
- Arrange the transfer or sale of any shares
- Work with our residential conveyancing solicitors to handle the sale of any property or land owned by the deceased
- Offer professional Executor services where appropriate
We also have extensive expertise in defending or bringing litigation against the estate and between beneficiaries of it.