Estate Administration – Solicitors in Gosforth Serving Newcastle upon Tyne, the North East and Nationally
When someone dies, it needs to be established who has the right to administer the estate which essentially means to deal with the deceased’s property, money and possessions. It is understood how difficult a time this can be so let us assist by taking on any administrative burdens for you and your family in a professional yet sensitive way.
It not only needs to be determined what the deceased owned but also what they owed.
It is necessary to utilise the estate funds to pay off all debts and liabilities BEFORE anyone can inherit from the estate
At Birch & Co we have Specialist Solicitors who understand how difficult talking about such matters can be. As a result you can be sure we will deal with you in a sensitive and friendly manner, all the while ensuring a professional and efficient service is given. Call us on 0191 284 5030 or or complete a Free Online Enquiry now to discover the price estimate for your circumstances
Our specialist private client solicitor Rebecca Griffiths is a member of the Society of Estate Practitioners, a worldwide professional association for those advising families across generations.
We are based in Gosforth with parking facilities as well as easy access to the Metro at Regent Centre and a bus stop outside the office. We strongly recommend that you contact us before you start the estate administration so that we can help guide you further. We can save you a lot of money and stress.
We have a 5 star rating on Google for the quality of our service and 99% of our clients are completely satisfied and would recommend Birch & Co to others. Please read some of our current clients’ Testimonials below of what they think of us. We hope that you feel the same way once we have looked after you.
We would be happy to meet with you to discuss any estate administration queries you have and to act whether just in relation to the Inheritance Tax account, the Grant application or the full estate administration and distribution.
“Rebecca Griffiths gave us a wonderful service, always there to advise us with either a telephone call or email. We were always made aware of what was happening. Thank you very much”
Most cases follow the same basic process:
Check if there’s a will
If there is, this normally appoints an Executor to take on the task of estate administration.
If there is no will, the intestacy rules provides a list of people in priority order for who may take on this role of Administrator
List what the estate consists of, both in terms assets and liabilities.
It is important to assess early on if there are enough funds in the estate to settle the debts. Solely incurred debts cannot be inherited, so if there are insufficient funds, no one else can be expected to pay them.
Depending on the type of asset held by the deceased and its value, it may be necessary to apply for a Grant of Representation in order to collect in estate funds.
To apply for a Grant of Representation, you will need:
- the original will, if one was left by the deceased
- a tax return, irrespective of whether inheritance tax is due to be paid
This is usually either an IHT 205 or IHT 400, with any applicable schedules
- if tax is due to be paid, a receipt from HMRC
- an oath, that you have sworn / signed as being accurate
- to pay the court application fee
Collect in the assets
For example, arrange the release of funds held within bank and building society accounts, life insurance and private pension policies, sell personal and household items and property
Pay any debts and liabilities
For example personal loans and credit cards, utility bills unpaid at the date of death and incurred during the course of the estate administration, funeral costs and the expenses of the estate administration
Distribute the estate
In accordance with the terms of any will or the intestacy rules
We are happy to provide you with a free, no obligation quotation for our Probate services.
We charge a fixed fee for all of our Probate services but the initial enquiry to discover what the cost will be for your sale or purchase is free of charge.
Make A Free Enquiry
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