Probate Legal Advice
If you are named in a Will of a recently deceased person as an executor, you will quickly need to understand what your options are as far as accepting the position or renouncing your entitlement to act as an executor.
If you are named in a Will of a recently deceased person as an Executor, you will quickly need to understand what your options are as far as accepting the position or renouncing your entitlement to act as an Executor.
If a person has died without a Will in place or without a valid Will in place, you, as the next of kin, may have to consider whether or not you are going to act as the Administrator, which is a position akin to being named as an Executor under a Will. Whether you wish to act or not does not prevent you from receiving whatever beneficial entitlement you are entitled to either under the terms of the Will or under the provisions of intestacy.
When Is a Probate Required?
In England and Wales, the term “probate” refers to the legal and financial processes involved in dealing with someone’s property, money and assets (known as their Estate) after they have died. Following various legal and fiscal steps, the Estate can then be distributed amongst the beneficiaries stated in the deceased’s Will.