We are specialists in advising on and assisting with the administration of an estate after someone’s death. Our friendly and efficient service will steer you through the sometimes complex issues you can face in these circumstances.
Being an executor or an administrator means you are the person legally responsible for ensuring the estate is dealt with properly. If you are unsure of your responsibilities then you risk personal liability. Indeed, Will, inheritance & trust disputes can arise and although we have specialist who deal with these kinds of situation, such disputes can often be avoided by following the probate process correctly. Our team of specialists can protect you by assisting with all, or part, of the probate. We also have the specialist expertise required to assist in administering more complex estates, for example those including business assets or farms.
Call us on 01904 558600 or click on our enquiry form to find out how we can help. To give you a sense of the breadth of expertise and experience we can bring to bear, here are some of the issues that need to be considered when administering an estate:
- Sorting out paperwork to identify assets and liabilities
- Obtaining valuations
- Dealing with creditors
- Dealing with beneficiaries
- Completing income tax returns for the deceased and for the estate
- Completing inheritance tax papers and claiming all reliefs to ensure that inheritance tax is not overpaid
- Dealing with queries raised by the Revenue and Valuation Office
- Obtaining the Grant of Representation
- Collecting in assets and claiming any additional inheritance tax reliefs available at this stage
- Placing statutory advertisements and carrying out bankruptcy searches to protect personal representatives
- Advising beneficiaries about their tax positions and ascertaining whether there is a more favourable way to administer the estate to reduce their personal tax liability
- Updating deeds and dealing with issues relating to land
- Mitigating capital gains tax
