When a relative or close friend dies, it can be overwhelming and difficult enough, without the added worry of following certain procedures and dealing with set deadlines, such as registering the death and applying for probate.
Probate is the legal process involved in dealing with the estate of someone who has died. It is often lengthy and involves various steps, including gaining control of the estate, paying any Inheritance Tax (IHT) due on the estate and distributing the assets in the estate according to the Will (or the Rules of Intestacy where there is no Will).
In the context of the Probate process, a Beneficiary is a person who receives some benefit from the Estate of the deceased. The Executor (where there was a Will) or the Administrator (where there was no Will or Executor) is in charge of the process of administrating the affairs of the Estate of the deceased.
For most of us this is a very difficult time emotionally and financially. At Ponte, we are here to help you navigate your probate journey and provide you with simple step-by-step guides and checklists of what you need to do when and how.