Estate administration can often be extremely complex, time-consuming and stressful at an already difficult time.
To put it simply, estate administration is the process of handling a person’s legal and tax affairs after they’ve died. This means dealing with all of their assets (e.g. property, personal possessions, shares and bank accounts), paying any Inheritance Tax and Income Tax and distributing inheritance to the estate’s beneficiaries.
To conveniently sum up the difference between probate and estate administration; probate is just one part of the wider estate administration process. Probate provides you with the legal right to carry out the estate administration, including dealing with property, money and personal possessions
If you have any questions about applying for probate or the estate administration process, get free guidance and advice by calling 01604 505170 or email willsdirectbusiness@gmail.com