Your Guide to Understanding the Basics of Probate in Harlow
Bereavement is already
enough for you to feel miserable. Thus, adding piles of document work or doing
something complicated such as a probate can make you feel worse even more. The
safest and most convenient way to handle the probate process is to consult one
of the best probate lawyers in Harlow
town of Essex County. However, doing your homework will help you know what
exactly you need, who you should connect with, and if you are being misled. This
guide on probate services in Harlow will help you develop a basic understanding
of what you are dealing with when applying for probate.
What exactly is probate?
Probate is a legal
document that shows that you have the legal authority to manage the estate,
resolve claims, and distribute assets of a deceased member. It comes under the
administration category and is the first legal thing you need to get. Thus,
when it comes to managing the inheritance of a deceased person, your priority
is to get the grant of probate.
Then, what is a Will?
A will refers to the legal
record which states the choices and wishes of a person regarding how their
house and assets which he/she owns will be distributed after they pass away. A
will needs a minimum of one executor and that executor is responsible to handle
the estate as per the will.
Is it necessary to proceed through probate if there is a
will?
Only those wills are
required to proceed through probate where you need to switch the ownership of
the assets from the deceased to the living beneficiary.
Can one have probate without a will? Can I do it myself?
Yes, you can have probate
with or without a will. And yes, you can do probate all by yourself but it
requires time and effort and also the knowledge of how to do it correctly. It
takes anywhere between 6 and 9 months and may need you to devote at least 80
hours of work.
Also, remember that when
the probate gets delayed, other issues can also arise which can make the
process even longer. You may face complications, especially if the will is
argued or the deceased member failed to keep the proper record of all of
his/her belongings. So, even if you are doing probate yourself, at least you
should consult with a probate lawyer in
Harlow for guidance to ensure that you are doing it the right way.
The process of probate
includes estate valuation, gathering information about the deceased bank
accounts and insurance policies, completing the Probate application and other
forms if necessary, tax payments, etc. Besides, you might even need to attend a
probate interview to affirm that you have submitted only accurate information
and documents.
The probate process starts
when you file the probate petition with the probate court for reasons, such as
to admit the will to probate and appoint the executor. In case there is no
will, you will fill it to designate an administrator of the estate.
If you need to file a probate
petition or want to know whether or not you need a probate in your particular
case, we highly recommend seeking expert guidance of probate lawyers in Harlow.
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