Do I need probate?

16/02/2022

There are some situations where it is unlikely a formal grant of probate is needed, where the estate is less than £5,000, for instance, and only includes cash funds held in deposit accounts or where the assets are all held jointly between are spouse or civil partner. Under these circumstances, you would not normally need to obtain a grant of probate to access the money. Where the estate comprises of certain assets such as property, shares, or ISA’s you will always need a formal grant of probate to access the asset.

16/02/2022
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