At Glaisyers we know it is hard to start thinking about finances when someone has died. Our sympathetic Probate experts will guide you through the steps you need to take to deal with everything as quickly and efficiently as possible.
When a person dies someone will have to wind up their financial affairs, this process is generally known as ‘Probate’. It involves working out what they own, how much it’s worth, paying any debts and passing the money on to the people inheriting it.
There are three main stages in dealing with the person’s estate;
- The house, bank accounts and other assets need to be valued and any tax paid
- The Court authorises someone to deal with the estate by issuing a ‘Grant’
- The assets can be sold or transferred to the beneficiaries.
The process will be slightly different if the person has made a will and this website has more information about finalising someone’s estate on our When a person has died , Probate and Intestacy pages. Our experienced Probate specialists are able to answer any questions you have and will take the stress out of dealing with the estate.