Probate / Estate Administration
Dealing with the estate of a loved one who has died can be distressing and we can take away some of the stress by helping you deal with the practicalities of the process. We can do as much or little of the work involved as suits you and tailor our costs accordingly.
If the estate is very small it may not be necessary to obtain a grant to administer the assets.
Many estates do require a formal application to the Probate Registry for a grant of probate or letters of administration. We can assist with this application.
In many circumstances it is not advisable to deal with an estate administration without professional expertise, for instance if there is to be inheritance tax payable on assets, if there is no Will, if the deceased’s Will creates a trust, if the estate is insolvent, if there is potential for a dispute.
At Shepherd Harris & Co we use fully qualified Solicitors to deal with all aspects of estate administration. We can assist you all aspects of administering the estate, including the following:
• Ascertaining the value of the estate
• Completing Inheritance Tax Account and calculating tax due
• Applying for the Grant required
• Encashing estate assets
• Selling or transferring title to property
• Dealing with Income Tax and Capital Gains Tax matters
• Corresponding with beneficiaries regarding their entitlements
• Preparing estate accounts
• Distributing the estate assets
• Tax Planning
Disputes over Estates
Disputes regarding the estate of someone who has passed away are becoming increasingly common.
If you do not feel you have been adequately provided for from an estate then it may be possible to bring a claim against the estate. We can advise on the grounds for making a claim. We can also advise Personal Representatives on the likelihood of a claim being made against an estate and on steps to take to protect themselves as far a possible.
In the event of an estate becoming contested we have an experienced litigation team who would be able to assist further.