Dealing with the additional burden of resolving financial and property issues when someone close to you has died can be an unwanted strain. At Cambridge Legal Services we can help.
The Executors of an estate (or Administrators where there is no will) have a number of responsibilities including:
Ensuring that the wishes of the deceased as expressed in the will are fully carried out
Identifying all assets belonging to the estate and all liabilities
Obtaining proper valuations of all assets
Preparing the application to the probate registry for the grant of representation
Preparing all appropriate returns for Inheritance Tax, capital Gains tax and Income Tax, calculating tax payable and dealing with the raising of funds to pay tax where necessary
Obtaining tax clearances before distributing the estate
Settling all debts of the estate
Preparing clear and full accounts for the beneficiaries and when agreed distributing the estate
Our Estates team is headed by a qualified lawyer with over twenty years experience in probate and estate administration.
We do not require any payment of fees in advance – these are deducted from the assets of the deceased. If required we can provide fixed price quotations for our fees at the outset – you can be sure that the amount that you will be charged is fixed rather than just estimated. We can deal with post death variations of wills or intestacies where required