Plymouth PL6 5AD
Stephen qualified as a solicitor in 1988 and is currently Head of the Private Client Department involved in General Probate Administration, preparation of Wills, Lasting Power of Attorneys and Deputyship applications to the Court of Protection. Stephen also has a particular interest, and has many years’ experience, both in Civil, Personal Injury including asbestos related claims and contested Inheritance Act disputes.
EVANS HARVEY SOLICITORS PLYMOUTH
If a loved one has died, the thought of sorting out their financial affairs and estate can be a daunting prospect. We appreciate this is a difficult time and if you are dealing with a loved one’s estate or you are acting as an executor or administrator, we can help. Not only will we make the experience as stress-free as possible, our experienced estates and probate solicitors will also ensure that everything is dealt with correctly and efficiently.
Lifetime / Wills Settlements / Transfer of property If advice is required concerning whether or not there should be a Trust or settlement of property either during lifetime or under the terms of a Will then we are able to provide a fixed fee advice scheme of £200 plus VAT for such advice.
As Probate Solicitors based in Plymouth , we are experienced in dealing with all aspects of estate administration and inheritance, including dealing with inheritance taxation.
When a loved one passes away, dealing with their estate can be considerably stressful for the family and friends of the deceased. This process is known as ‘estate administration’, and involves a designated individual(s) or ‘executor’ distributing the financial assets that make up the estate in accordance to their Will. The term ‘probate’ comes from grant of representation (or, grant of probate) that must be obtained by the executor prior to the task at hand, allowing access to the person’s bank account.
Once all the assets have been identified the estate can be valued. This means bringing together everything such as property, life insurance and pension policies, investments and personal belongings. All items will have to be valued at the time of death, which, in some cases, will require expert input. Alongside the assets of the deceased, any debts will have to be calculated. These might include loans, mortgages, personal debts and also the cost of the funeral. Subtracting the debts from the assets will produce the value of the estate, and it is this figure which determines if Inheritance Tax (IHT) is payable.
What is Included in Our Full Estate Administration Service?Established over
Probate and the administration of an estate takes time and executors have considerable responsibilities: duties are owed to creditors of the deceased, there is tax to be paid, and beneficiaries need to be satisfied that the estate has been dealt with correctly. Evans Harvey Solicitors have a team dedicated to Probate and have a vast experience of the administration of estates of every size and complexity.
When someone dies with a valid Will in place, the Will should name one or more Executors who may need a Grant of Probate before they can administer the Estate. If there was no legally valid Will, the deceased did not select someone to administer the Estate. In these circumstances it might be necessary to obtain a Grant of Letters of Administration
If you have any questions for our legal teams then please do not hesitate to contact us. 01752 785 715