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Estate distribution covers handling a person’s assets after death, including securing a grant of probate, collecting assets, paying debts and taxes, and distributing the residue to beneficiaries under a will or the rules of intestacy. A solicitor drafts and files probate papers to the Probate Registry, inventories assets, liaises withHM Revenue and Customs for any tax liabilities, prepares estate accounts, and facilitates distributions, including dealing with executors, beneficiaries, and any claims or disputes.
A solicitor’s involvement concentrates the process around applying for probate, valuing the estate, identifying liable taxes, and managing the distribution of assets. They prepare and submit the necessary paperwork, maintain professional secrecy and client accounts, and handle potential disputes, regulatory requirements, or complex estates with trusts, lifetime gifts, or foreign assets.
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Tagged solicitor Sion Roberts
Mr Roberts was brilliant. He was incredibly helpful in regard to our primary requirements and also in regard to subsequent related and unrelated matters. Thank you
Review left by Anonymous
