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When a person dies, their estate has to be dealt with. Probate makes sure that everything passes on in line with their wishes, and that the right amount of tax is paid.
Probate is undertaken by the executors of the will (or the administrators of the estate where no will exists). But for grieving families, this can be a burden too much at an already stressful time.
Probate often involves exhaustive enquiries into debts, assets, pensions, tax liabilities and more. So it’s no wonder that, a lack of knowledge of the probate process can lead to problems and mistakes. Worse, if you are an executor and you make an error or fail to administer the estate in an efficient and timely manner, you could be held personally liable.
At Asset Wealth Preservation, we remove the hassle, and make sure you are supported and protected.
Recognised and respected as trusted probate advisers, we can help you with:
- Advice on whether probate is needed
- Applying for a Grant of Probate
- Interpreting and carrying out the Will correctly
- Identifying and calculating the assets and debts of an estate
- Paying any estate debts
- Preparing tax returns for Inheritance Tax, Capital Gains Tax, Income Tax and Stamp Duty Land Tax (where required).
We can also help you avoid family disputes by ensuring a neutral party is on hand to offer impartial, professional advice and stop tensions from escalating.
Losing someone you love is never easy. At such times, the support of a professional can make all the difference. Our expert advisors handle the entire process with sensitivity, while ensuring that everything is completed as quickly as possible.