Steps involved in obtaining probate

Losing a loved one is an emotional and difficult time. If a bereaved person becomes a personal representative responsible for handling the deceased’s affairs they might be navigating the probate process and inheritance tax for the first time. This can prove overwhelming and professional advice is often needed.

Applying for the legal right to deal with someone’s property money and possessions when they die is called ‘applying for probate’. There are various steps to take which can involve complex accounting and tax considerations. Accountants are often asked to help personal representatives and their solicitors with the information required for the application for probate and their knowledge of the deceased’s lifetime affairs can prove invaluable.

Duties of a personal representative

The primary duty of a personal representative is to collect and administer the assets according to the deceased’s will or if there is no will ...