Trustd

FAQ

How long will Probate take?

For a straightforward Probate application obtaining Probate will typically take c. 3 months for most solicitors and law firms. At Trustd Legal Services we will write your Probate application within 5 working days and then once submitted to Court, the processing time is typically 2-4 weeks.
Administering the Estate thereafter depends entirely on how many assets there are to deal with. Most Estates are administered within 6-12 months.

How do I know if I have to pay Inheritance Tax?

Inheritance Tax is usually payable for estates worth over £325,000. However, there are certain exemptions and reliefs from Inheritance Tax, such as if there is a spouse or a house passing to children. In some instances there can be as much as £1m of inheritance tax relief available.

Do I need to use a Solicitor for Probate?

You do not need to use a Solicitor for Probate and you can manage the process yourself. If a Grant of Probate (or ‘Letters of Administration’ if there is no Will) is required it is common for people to seek professional help with the application forms as they can be quite complex.

What is Probate?

Probate is the process of proving that a Will is valid and confirming the Executor’s authority to administer the Estate of a person who has died. Although the term ‘Probate’ actually relates to an Estate where a Will was made, even if there was no Will, a similar process will be followed.
Probate is not always needed. Usually if there is a property, a large shareholding or cash assets of more than £5,000 you will need to obtain probate.

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