When a person dies someone has to arrange the funeral and deal with their estate (money, property and possessions owned by the deceased).
The first step is to check whether the deceased left a Will.
The Will may contain directions regarding the funeral. It will certainly contain a clause appointing personal representatives (called Executors) to deal with the estate and distribute it in accordance with the Will and any Codicils (supplementary provisions contained in a separate document).
If the deceased did not leave a Will, then the estate has to be distributed according to the rules of intestacy.
As Solicitors, we can give advice on the legal procedures to be followed whether or not there is a Will and on other issues such as:
We also offer a full service in dealing with the administration of the estate on behalf of the personal representatives. The fee we charge for this service is based mainly on the time spent and details are available from all of our offices.
In order to obtain the authority to deal with someone's estate, whether or not they left a Will, the personal representatives usually need to obtain a Grant of Representation from the Probate Registry.
Organisations holding money in the deceased's name will need to see a copy of the Grant before they will pass any money or assets to the Personal Representatives.
A Grant may not be needed if;
NB. A Grant will always be required to sell or transfer a property held in the deceased's sole name.
If you are in any doubt as to whether or not a Grant may be needed please ask our advice; we could save you time and money.
The personal representatives named in the Grant must collect in all the assets, complete an income tax return and pay any debts.
If the personal representative is not also the main beneficiary of the estate it may be advisable to formally advertise for creditors, in case a debt arises after the assets have been distributed. This is done by placing an advertisement in the London Gazette and a newspaper covering the area in which the deceased last resided. Doing this protects the personal representative from individual responsibility.
As personal representative you are allowed to claim from the estate for "out of pocket" expenses, copies of the Grant, travel etc but not for time taken or for the work involved in administering the estate. Only a Solicitor appointed by the personal representatives or other professionals appointed by the Will may charge for the work done in administering an estate if authorised by the Will.
Once all taxes and debts have been paid the estate can be distributed either according to the terms of the Will or the rules of intestacy.
You should obtain a signed receipt from each beneficiary when they receive their legacy. You must prepare an estate account showing all the assets received and debts and legacies paid out. This must be approved and signed by the personal representative and the main beneficiaries and then the residue (remainder) of the estate may be distributed.
We trust that these notes will be of assistance to you but they must only be read in conjunction with specific legal advice as to the particular circumstances. They are not intended to be a full and precise exposition of the law.
Do not hesitate to seek our further advice on any aspect of the legal process. Remember that if you inherit from the estate this will increase the size of your estate on death and you may need to review the suitability of your own Will and again a member of our Wills and Probate Team can advise you about this.