Administration of Estates
Whenever a person dies leaving assets, no matter how
small in value, there is an "Estate" to be
administered. If the estate includes a house, shares
or other investments or savings of more than a few thousand
pounds, a Grant of Representation from the Probate registry
will be required.
If there is a Will, a Grant of Probate is normally
obtained by the Executors who "prove" the
Will as the last Will of the deceased.
The Grant of Probate is the Executors' authority to
administer the estate of the deceased, enabling them
to deal with the assets, pay any debts and then distribute
the estate in accordance with the terms of the Will.
If there is no Will, a Grant of Letters of Administration
is obtained, usually by the nearest relative or relatives
and this authorises the person appointed to administer
the estate in accordance with the Intestacy Rules which
govern the distribution of the estate of someone dying
without a valid Will.
Whatever the circumstances, we can deal with the obtaining
of the appropriate Grant and the administration of the
estate.
Please contact one of our specialists:
Liverpool City Centre:
Alan Emmett
Tel : 0151 236 8871 or email: lae@morecroft.co.uk
Crosby:
Barbara Rimmer or Gaynor Lanceley
Tel: 0151 924 9234 or email: bmr@morecroft.co.uk or gl@morecroft.co.uk
Woolton:
Chris Morley or David Meredith
Tel: 0151 428 1911 or email: cmo@morecroft.co.uk or dm@morecroft.co.uk |