Probate is the legal and financial process of dealing with the property, money, and possessions of a person who has died.
What is Probate?
Probate Definition: In England and Wales Probate is the word normally used to describe the legal and financial processes involved in dealing with the property, money and possessions (called the assets) of a person who has died.
Before the next of kin or Executor named in the Will can claim, transfer, sell or distribute any of the deceased’s assets they may have to apply for Probate.
When Probate has been granted through a Grant of Probate or Letters of Administration the next of kin or Executor can start to deal with the deceased person’s assets in accordance with their Will. If the deceased died without a Will the law will determine who should receive everything, see probate without a Will for complete details.
The Probate Process Explained
Leading
At Leading, we can provide you with the support and knowledge to alleviate you of having to do this work yourself. Our team are friendly, approachable and knowledgeable and will be very happy to help. Determining if probate is required may not be straightforward or clear. The easiest way to find out is to contact our probate advisors on 01603 552028 or contact us online or on our live chat and we will be happy to help you.