Estate Administration & Probate
Dealing with an estate following a bereavement can involve a wide range of legal, tax and administrative responsibilities. Our probate team can provide practical support throughout the process, helping you deal with the necessary formalities and bringing the estate to a conclusion.
Practical Support through the Probate Process
As experienced accountants, we can also consider the wider tax implications of an estate and ensure that relevant matters are dealt with appropriately. Our approach is tailored to the circumstances of each estate, with fees agreed with you in advance on a bespoke basis rather than being calculated as a percentage of the estate.
Our probate services can include:
Applying for Probate
- Preparing and submitting the application to the Probate Registry
- Identifying and valuing assets and liabilities
- Obtaining the Grant of Representation
Inheritance Tax & Estate Tax
- Preparing the necessary Inheritance Tax and other tax documentation
- Reviewing available tax exemptions and reliefs, including the Nil Rate Band, Residence Nil Rate Band, Agricultural Property Relief and Business Property Relief
- Advising on gifts and other matters affecting the estate
- Dealing with HM Revenue & Customs in relation to the estate’s tax affairs
- Reviewing and settling outstanding tax and estate liabilities
Managing the Estate
- Collecting, transferring and distributing estate assets
- Dealing with income arising during the administration of the estate
- Advising on trusts where appropriate
Completing the Estate
- Preparing estate accounts and supporting documentation
- Completing the administration and bringing the estate to a close
Don't let the administration of an estate overwhelm you
No two estates are the same. The work required will depend on the assets involved, the family circumstances and the tax position of the deceased and the estate. Our team can work with you to establish what needs to be done and provide support appropriate to the circumstances, whether you require assistance with particular aspects of the administration or support through the whole process.
- Practical Support – help with the legal, tax and administrative formalities, from start to finish
- Tax Expertise – as accountants, we consider the wider tax implications of the estate
- Clear Fees – fees agreed with you in advance, never calculated as a percentage of the estate
- Flexibility – support with particular aspects of the administration, or the whole process
- Licensed – licensed by the ICAEW for non-contentious probate in England and Wales
- Peace of Mind – relevant matters dealt with appropriately at a difficult time
Expert assistance with Probate
Straight-forward process
1
Step 1
Call us on 01708 736644 to arrange a meeting, or complete the form to tell us about the estate.
2
Step 2
Meet with our probate team to discuss what needs to be done, so that we can agree our fees with you in advance.
3
Step 3
Provide us with the relevant documents and information about the estate, and we’ll guide you through the rest.
Probate FAQs
Dealing with an estate can raise a lot of questions. Here are answers to some of the most common.
Not always. It depends on the assets in the estate and how they were owned. For example, assets held jointly may pass automatically to the surviving owner, and some banks will release smaller balances without a grant. Our team can help you establish whether probate is needed.
Our fees are agreed with you in advance on a bespoke basis, depending on the work required, rather than being calculated as a percentage of the estate.
Do you need support with Probate?
Are you dealing with the estate of someone close to you and unsure where to start? Are you concerned about the tax and administrative responsibilities involved? We can help.
Our probate team can provide practical support throughout the process, from applying for probate to bringing the estate to a conclusion, with fees agreed with you in advance so there are no surprises.
Contact us today to arrange an initial consultation, and let us take care of the formalities so you can focus on what matters most.
Vora & Co. is licensed by the Institute of Chartered Accountants in England and Wales (ICAEW) to undertake the reserved legal activity of non-contentious probate in England and Wales. Reference: C001200665