What is the process of probate?

16/02/2022

The process of obtaining probate or administration can be very complex. Essentially there are three main stages. Firstly, the value of the estate and nature of the assets and liabilities needs to be ascertained.  Valuations may need to be done. Secondly, inheritance tax needs to be calculated, reported, and paid. Finally, the assets will need to be collected, liabilities paid, and the estate distributed to the beneficiaries.

16/02/2022
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