Probate
The loss of a loved one is an emotional time. If you are named as the executor of an estate, Somerville Legal can ease the burden on you by undertaking all the legal and other work regarding making an application for probate, as well as administering the estate after probate has been granted.
Probate is the process by which the Supreme Court recognises a deceased person’s will, identifies the list of property to be distributed, and empowers the executor to deal with the deceased’s assets, and pay their debts.
Probate is not always required, especially where assets are jointly owned. However, it will usually be required if there is any real estate or shares owned solely by the deceased.
If the deceased did not leave a will, letters of administration are required instead of probate. Our estate lawyers can help identify the person or people entitled to seek letters of administration and undertake all necessary work in obtaining letters of administration and administering the estate thereafter.
Many firms simply prepare the legal documents and leave the rest to you. The service provided by Somerville Legal. includes dealing with institutions such as banks and credit card companies that would otherwise be simply adding to your stress in a difficult time.
Often, people can feel frustrated by the delays in obtaining probate of an estate. Somerville Legal takes pride in thinking ahead, allowing multiple steps to be undertaken at once, and significantly reducing the time involved in having probate granted.
Somerville Legal will quickly, effectively and with compassion:
- Work with you to accurately determine the assets of the estate.
- Advise of any potential difficulties resulting from the will.
- Prepare all legal documents required for obtaining a grant of probate.
- Gather the assets of the estate and transfer them into the executor’s name.
- Identify and pay out any creditors of the estate.
- Distribute the assets of the estate to the beneficiaries as required by the will.
- Ensure that you, as executor, are protected from any personal exposure.
Our lawyers will provide you with constant updates as to the progress of the estate and are always available to address any concerns without delay.
For more information, please contact our wills and estates specialists Stephen Lynch or Emily Priestley.