Probate

It is useful to start making a list of everything the deceased had which can be turned into money (whether or not sale is intended), to assess the trade value of the estate – and to list all known debts.

It is the executors’ responsibility to conduct a search on banks, insurance companies, NSI, employment benefits, PEP’s , TESSA’s, ISA's, stocks and shares, unquoted shares, land and buildings, interests in trusts – before preparing and lodging the documentation.

These forms need to be completed before the Grant of Representation is obtained and any Inheritance Tax Liability paid.