Crombie Wilkinson Solicitors Blog » Probate
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Crombie Wilkinson Solicitors Blog » Probate
3M ago
Carrying out the duties of an executor is both a privilege and a burden. You have been tasked with ensuring that someone’s wishes are carried out after their death, and this can often be more complex and take longer than you imagine. Some ..read more
Crombie Wilkinson Solicitors Blog » Probate
5M ago
When dealing with the administration of an estate, distributing the gifts is one of the final stages. It is important that executors do not make distributions too soon, to protect themselves and the estate against debts or claims. Executors are advised not ..read more
Crombie Wilkinson Solicitors Blog » Probate
8M ago
Being an executor is an important role and a serious responsibility. Even a simple estate can be more difficult than many people realise and you should ensure that you understand the role and are willing to take on the responsibility before starting to act ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
The role of a deputy is similar to that of an attorney. If you are acting as an attorney, this will be because the person you are acting for specifically chose you to act and they made a document called a ‘power of attorney’ at a time when they ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
While financial assets can be divided relatively easily when settling an estate, this is not usually possible with heirlooms such as a painting, a piece of furniture or individual pieces of jewellery. Even if items are not valuable, such items may be the ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
Probate is a term which is loosely used to cover the administration of an estate, and it has a reputation for being a lengthy process. The administration includes a number of key stages, including obtaining the grant of probate, paying out to beneficiaries ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
There are issues with some companies who offered pre-paid Funeral Plans and indeed one company, ‘SureHands’, has collapsed with many people not knowing whether they will have their money returned. The same looks now to be happening with Probate ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
The Ministry of Justice recently announced all users of the probate service will pay a single, flat rate fee of £273, following its consultation in 2021. Currently, fees are £155 for professional users and £215 for non-professional users ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
Acting as an executor means that you are responsible for reporting the value of the estate and declaring any inheritance tax due, so it is important to make sure you follow correct procedures. Since January 2022, new rules apply in respect of reporting ..read more
Crombie Wilkinson Solicitors Blog » Probate
1y ago
In March 2019 a colleague in our Private Client team reported on the Government proposal to increase the Probate Registry fees required to obtain a Grant of Probate . The proposals were to replace the fixed fee of either £215 (without a Solicitor) or ..read more