Probate is a procedure that has to be followed after a person has died (if total assets exceed £5,000). A grant is required on death which gives a Personal Representative/Executor the right to administer the deceased’s estate.
The Executors or Personal Representatives have two years to administer a deceased’s estate. After obtaining the Grant, Executors will then collect the deceased’s assets, pay all debts on the estate and, if the estate is a solvent estate, distribute the remaining estate as per the Will or as per the intestacy rules.
In many circumstances this is an arduous task for a non professional
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