Richard Denton on London Live to discuss Probate fees and benefits of using a Solicitor v Accountant
The process of winding up a deceased person’s estate can be complicated, and always involves numbers and sometimes tax. Therefore, some people will seek the services of an accountant, under the false impression that the probate process is purely financial. However, it’s both financial and legal, therefore often solicitors are best placed to handle matters, and now that the fee is the same for personal and professional applications, many will now be turning to experts, such as solicitors, to make the process smoother.
Over 50% of adults in the UK have no Will in place, and regardless of your age, status or the size of your estate, getting a valid Will is vital. If you have a family, the need to get a Will is of paramount importance, as it is the only legal way to expressly state what will happen to your child should you pass before they turn 18. So, a will is vital, however if an estate needs to go to probate, solicitors are primed and ready to advise in these uncertain times.