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How long after probate does it take to receive an inheritance?

How long after probate does it take to receive an inheritance? For beneficiaries of small, simple estate probate can take as little as 3 months and then it is simply a matter of the executor or administrator handing over the inheritance.Unfortunately for many estates, things aren’t quite so simple.There are lots of duties for the executor to perform and some of these can take a considerable amount of time and often be out of their hands. Need to write a Will?...

How do I apply for probate?

How do I apply for probate? When someone passes on it can be a really difficult time for those left behind. Not only do you need to cope with the distress of losing someone but there is also the matter of organising their affairs.One of the main things to do after a bereavement is to handle probate and in this guide, we’ll help you through the process.What is probate?Probate (called confirmation in Scotland) is the formal process of administering the...

Grant of Probate Guide UK

To find out more about your obligations as an executor , read our guide on DIY probate. There are several ways which probate could be contested, which could prevent you from being given a grant of probate. In some cases, a beneficiary or relative of the deceased may enter a caveat, which can prevent or delay probate being granted.Only the executor(s ) of a will can apply for a Grant of Probate. It is the duty of the...

Do executors have to apply for a Grant of Probate?

As an executor do I need to apply for a Grant of Probate?When someone passes on, the executor is left to carry out their wishes in the form of their Will and one of the documents often needed to do this is a grant of probate.A grant of probate is a legal document that confirms the right of the executor to administer the estate of the deceased and can be used as proof of this right with banks, building...

What is probate?

What is probate? When you are researching making a will you may well come across the term ‘probate’ but what actually is probate and how does it affect making a will? Probate is the term that describes the legal right to administer the deceased person’s estate. In very general terms a small estate won’t require probate but it has to be remembered that a small estate will only be a value of under £5000 and will be very simple in structure. In most...

The common mistakes people make when they don’t make a will.

Mistakes people make when they don’t make a will If you haven’t made a will then you may think that all of your money might just automatically go to your partner but nothing could be further from the truth. In fact, there are strict laws that set out how assets should be distributed upon someone’s death if they haven’t made a will. Passing on without a will or intestacy as it’s called in law is unfortunately quite common but it can cause...