If you have been appointed as an executor in a will, you may be tempted to try to obtain probate yourself with a view to saving on legal costs.
However, except with the simplest of estates, the process can be complex for inexperienced executors to handle and there are many potential pitfalls and problems which can arise. In the event of a dispute regarding the will it can end up costing much more than it might have done and adding a significant delay to the process.
Marie Tisdale, director and head of wills and probate at Ansons Solicitors in Lichfield has put together this blog series, to explain the common areas where complications arise, and how using a solicitor can avoid some of the potential pitfalls.
The executor’s job is to ensure that the terms of the will are carried out. Your solicitor can explain each section of the will and its implications for tax and inheritance. Estates can often be complicated, and they must be administered according to strict rules particularly if they include trusts which have been set up for particular inheritance tax planning purposes.
By instructing an experienced solicitor, you can shorten the process of obtaining probate and avoid causing unrest among the family. With often large amounts of money at stake, it is safer to leave it in the hands of an experienced solicitor who specialises in probate law and can provide you with the assurance that everything will be handled correctly. The fees of a solicitor are a legitimate expense of the estate.
For more advice about obtaining probate contact Marie Tisdale at Ansons Solicitors in Cannock and Lichfield, on 01543 267 981 or email email@example.com.