When someone dies it is never easy to cope. Even though you may not feel up to dealing with their affairs, it is something that has to be done. At Walter Gray and Co we have an experienced team to help lift that burden, providing you with support at a difficult time.
We can also help with other matters relating to later life and Elder Client affairs.
Our services include:
What can we do for you in relation to Probate?
We can help with obtaining a grant of probate if there is a will. We will need all the information on the deceased persons' assets. The executor may have this information, but it may mean collecting this from family and friends. The information required is detailed and includes information on bank accounts, property, pensions, savings, shares and personal items such as cars, jewellery and house contents. We will assist in obtaining valuations of assets as at the date of death. This is what is required for the probate application.
The death certificate and will are needed at the outset if possible but we can clarify this for you and lead you through the steps to enable probate to be granted.
We will prepare all the paperwork for the executor to make the probate application. This will include HM Revenue and Customs forms and probate application forms which the executor is required to sign.
If the deceased died without leaving a will, we can assist in obtaining a grant of Letters of Administration. This is similar to probate. We will guide you on the requirements and advise you on who is legally entitled to make the application.
Where a Trust arises under a will (for example where a beneficiary has not reached the required age mentioned in the will) then we can help with setting it up along with the ongoing maintenance of the Trust. This may include investment of the legacy in the most appropriate fund making sure that the right benefits go to the right people.
As a guide, the typical timescale for administration of simple estates are as follows. Please note that if Inheritance Tax is payable, further time will be required in order to liaise with HM Revenue. We will be happy to discuss this with you:
1) Obtaining valuations and preparing probate applications - 1 to 2 months
2) Submitting paperwork to probate registry and receiving probate - 2 to 3 months
3) Collecting in the assets and paying legacies - 1 to 2 months
4) Making interim payments to residuary beneficiaries - 1 to 2 months
5) Preparing estate accounts and submitting to executors for approval 1 to 2 months
6) Making final payments to residuary beneficiaries - 1 to 2 months
Please note that when an estate contains a property which must be sold, these timescales are likely to be exceeded.
We provide an efficient and helpful wills service. We provide home visits to the elderly and disabled where circumstances allow. Our team are extremely experienced with elderly clients in the Isle of Wight. Writing a will ensures that your estate passes to the people you want to inherit. You must not assume that your partner will inherit simply because you live together. You cannot assume anything with Intestacy. Intestacy means that you do not have a valid will. We can clarify all of the confusing issues with you during a meeting at one of our offices.
Inheritance tax will be discussed, and we can provide straightforward guidelines for gifting assets during your lifetime. Your funeral wishes can be referred to in the will as can the names and addresses of your executors. These are the people who will carry out the wishes in your will.
We can also explain how a will can be challenged by your potential beneficiaries. For example, undue influence, incapacity and legislation.
Wills are generally provided on a fixed fee basis, however we often run charitable will promotions throughout the year which benefit various charities. We usually recommend that clients review their wills approximately every five years or if there is a major alteration to their family or financial circumstances.
Download our Will Questionnaire to help you think about the provisions you would like to make in your Will and to give you some idea of the kind of information we will require when drafting your Will
For more information or a quote please contact us
Law firms are currently now required to provide the following information on the basis of the costs involved in a typical private client transaction. Notwithstanding this, it is strongly recommended that you telephone to speak to a member of the firm’s Wills & Probate team to obtain a more detailed quote based upon your individual circumstances
The collection and distribution of money, property and other assets belonging to a person following their death, where these are within the UK and the matters are not contested;
Our people involved in doing the work will include:
Rosemary Hardwicke, Director / Solicitor, based at the firm’s Ryde Office
Amanda Pardey Senior Legal Assistant, based at the firm’s Ryde Office
Margaret Elcome, Paralegal, based across the firm’s Ryde and Cowes Office
Natalie Ashcroft, Legal Secretary (assistant to Rosemary Hardwicke), based at the firm’s Ryde Office
If you wish to complain about our service, please contact us immediately by telephone and speak to the Practice Manager or by emailing firstname.lastname@example.org.
We have a complaints handling procedure, which you can read here.
You can always send your complaints to the Legal Ombudsman. They can be contacted at www.legalombudsman.org.uk. Please read the conditions carefully.
If you are not satisfied with the outcome of these processes, you can take up the matter with the Solicitors Regulation Authority. They can be contacted at email@example.com.