Simple, Secure & Affordable Will Writing and Estate Planning Services Across the UK
Our Services
Tailored to Your Needs
Simple, Secure & Affordable Will Writing and Estate Planning Services Across the UK
Our Services
Tailored to Your Needs
Our services
Non-contentious probate work is the term to describe probate work that does not involve a will or estate that is being contested and which therefore does not involve litigation.
In such matters, Veritas Global Ltd will:
· Prepare the paperwork to obtain the Grant of Representation (Grant of probate or letters of administration)
· Submit the grant of probate to the Probate Registry.
· Obtain the subsequent copy of the grant and additional copies where required to the those administering the estate.
The time it takes to apply for and gain a Grant of Representation varies but currently dependent on the complexity of the estate it takes between four and six months from when we are instructed.
If instructed to do so, all other work related to the probate matter will be undertaken by our accountancy firm Chalmers and Partners Limited:
· Valuing the estate, including the creation of a list of the deceased’s assets and liabilities. This will involve establishing ownership, and confirming the value of assets, where necessary using third-party expert valuers.
· Calculation of Inheritance Tax if this is applicable.
· Administering the estate. This includes obtaining the estate assets, settling any liabilities and the distribution of the resultant assets to the beneficiaries.
· The preparation of the final estate accounts.
Whilst some aspects of this work will take place in parallel with the obtaining of the Grant of Representation, the main administration of the estate will normally take between six months and a year following the obtaining of the Grant of Representation. This will again vary dependent on the complexity of the estate.
Insurance
As a CILEX ACCA Probate Entity, we are required to hold professional indemnity insurance to cover our probate work. The level of cover is currently £1,000,000 and a copy of the current insurance certificate from HCC International Insurance Company Plc is available to view at our office.
Get started today with Veritas simple, secure, and affordable will writing services.