Probate in England.
Table of Contents We all must consider “Digital Estate Planning” when writing a Will—crucially leaving login credentials as part of the Digital Estate Plan with a loved one. Many of us have several online accounts on Social Media Platforms, and to deal with these, one does need to consider digital legacy. Setting up […]
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Probate and Estate Administration is when you hand an individual’s estate after death, but they are defined differently and often misunderstood. ‘Probate’ is a widely used term, but there is confusion about what it means and what is included in the probate process. For example, ‘Estate administration’ is much less commonly known and referred to,
The difference between probate and estate administration? Read More »
Is life insurance considered part of an estate? Life insurance policies can deliver considerable pay-outs to the survivors of the policyholder. It is natural to wonder whether that payment is part of the deceased person’s estate and thus subject to inheritance tax and the probate process. So, is it? The answer is complicated. Sometimes, the
When someone passes away, their home will be the most valuable item left in their Estate. What happens to the property depends on how the deceased owned it and what the will state should happen (if there is one). If the deceased did not leave a will, then what happens to the house is usually
If you are the executor or administrator of an estate, you must ensure all the money in the estate is distributed to the right people. If there is a Will, one or more executors should be named. If there is no Will, the next of kin will be appointed as the administrator instead. When someone
What happens if a beneficiary of a Will cannot be found? Read More »
Families of Bereaved families and a loved one’s estate administration continue to face delays for Grant of Probate applications in England and Wales. A recent 2022 STEP article reports that a total of 23,572 applications were received by HM Courts and Tribunals Service in January 2022. This is a total increase of 5,297 (29%) on
Grant of Probate delays due to the rising number of applications Read More »
Bitcoin, NFTs, Dogecoin – all forms of cryptocurrencies have gained favour from investors. But unless you have a plan for them in your Will, your crypto assets could disappear forever upon your death. The popularity of cryptocurrency has exploded in recent months, with its market cap peaking at $3.2 trillion in 2022. However, for those who
What happens to crypto currency when someone dies? Read More »
Working out what to do first when someone dies can seem overwhelming. Besides letting family and friends know, there are several organisations you need to notify. Find out what you need to do as soon as possible, as well as in the weeks and months after someone dies. What you need to do straight away
An Administrator of an Estate is a person legally appointed by the Court to deal with the Estate of a deceased person. This could be because the deceased didn’t leave a Will. There was a Will, but there was no appointment of Executors because the Executors named were unable or unwilling to act. The role
What is the role of an Administrator of an estate? Read More »
Following a bereavement, many tasks need to be completed, making an already difficult time even more stressful. The Executor (if there is a Will) or Administrator (if there is no Will) is responsible for administrating the deceased’s estate as per the wishes in their Will. They should consider: Whether probate is needed What’s involved in
