Online Probate applications are now mandatory for Solicitors in England and Wales
Posted on December 14th 2020
Solicitors now have to submit most probate applications online. The Probate Registry have developed the online system with the view of making the process quicker and more efficient.
For simple, online probate applications we are seeing that these important documents are coming back much quicker than they were previously with paper applications.
The new online system also provides an automatic update as to the status of an application which can help, in turn, keep institutions and beneficiaries updated.
What is a Grant of Probate?
A Grant of Probate is a legal document which gives the Executors or Personal Representatives named in a Will legal authority to deal with the deceased affairs.
When would a Grant of Probate be needed?
Whether a Grant is required or not will depend on a number of different factors but in particular, the size of the estate and the asset holder’s specific requirements.
If the deceased had any bank accounts or significant savings then it is likely a Grant will be required to close the accounts and transfer the balance to the beneficiaries.
If the deceased owned shares a Grant will most likely be required to sell or transfer the shares.
A Grant will be required to sell a house, if the house is in the deceased’s sole name.
What are the benefits of using Oliver & Co?
- Solicitors pay a reduced Probate Fee.
- We can use our expertise to produce the probate application quickly.
- We can support you in your role as Executor and answer any questions you may have.
- There is a complex tax form that is required to be completed and we can produce this for you as part of the probate application.
- As an Executor you have a duty to collect in all of the assets of the estate and pay any liabilities. If you fail to administer the estate in accordance with your duties you could be personally liable. Appointing a Solicitor will help ensure you have been given full advice on how to distribute an estate.
If you have any questions at all please do not hesitate contact us for a free initial 10 minute appointment on 01244 312306.
Call and speak to a lawyer on 01244 312306