Probate Services
As your accountants, we are ideally placed to look after everything for you, having access to much of the information needed already. This means there should be cost advantages as well as being more time-efficient.
A grant of probate is the documentation required to release assets after the death of a loved one. If there are savings or properties to be distributed you will usually need a grant of probate to progress any further. McPhersons can look after as much or as little of the process as you wish from initial gathering of information, to preparation of probate forms, calculating inheritance tax to administering the estate.
Yes - you can't sell or transfer a property without probate.
No - the asset will transfer to the surviving owner.
No - most banks will release savings without probate.
Yes - higher values are unlikely to be released without a grant of probate.
Trust – we already have a relationship with you and you are familiar with the way we work, our responsiveness and proactive approach.
Regulated – we are an ICAEW regulated Chartered Accountancy firm.
Understanding – we’re familiar with your family and/or business so are not starting from scratch.
Save money – we have much of the information needed so can complete the process more efficiently and cost-effectively.
Time – we are used to tight deadlines and are a modern, high-tech firm able to complete the process quickly with minimumof fuss.
Expertise – we know your financial situation and probate is partly a financial process after all. It involves calculating tax liabilities and our dedicated tax team can help ensure you only pay as much tax as you have to..
Diverse client base – we work with such a broad range of clients and have probably experienced even the most unusual of situations before.
Talk to our expert
If you require further information, please contact Louise Cavill
Get In Contact now
The first meeting will involve gathering as much information as possible. For example, we will need the death certificate, divorce certificates (if applicable), original will, NI number.
Then we will need details of the estate – bank accounts, savings accounts, personal belongings, stocks and shares, property valuations, tax records, pension details, loans, debts and mortgages.
Finally, details of the executors, their ID, proof of address and details of the funeral and costs.
From the above information, we will be able to calculate a more accurate cost.
For more information on costs involved, please click here.
We are committed to making this process as easy for you as possible by taking away the worry at a difficult time.
For more information or to discuss your own situation, please contact us.
