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What do I do after Probate is granted?

Once probate has been granted, the executor must collect the deceased's assets and pay any debts or taxes including income tax the deceased owed. In view of possible liability for capital gains tax it is important to find out the date and cost of acquisition of the...

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What if the Estate it small?

Banks and building societies have varying rules which allow access to the deceased's funds without a grant of probate if the estate is very small. Enquiry should be made of the financial institution concerned to ascertain at what level it will insist on a grant of...

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What is an Executors responsibilities?

In general terms, an executor's duty is to take charge of the deceased's assets and property, see that the debts and taxes are paid and finally to distribute the assets to the beneficiaries named in the will. You begin by finding out the assets of the deceased. The...

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