When the owner of a business dies, probate can be lengthy and complicated as their business assets have to be valued and transferred. Whether business assets are sold or transferred depends on the way in which the business was owned and operated as well as the wishes of the deceased. The estate’s executor or administrator […]
Read MoreThe administration of the estate of a loved one can be a difficult job. There are many decisions to be made at a time when people may be feeling overwhelmed and fraught. It is not uncommon for executors to fall out during this time, which is the last thing the deceased would have wanted. People […]
Read MoreIf you believe you are entitled to something from someone’s Will, you may be able to make a claim, but beware of the time limits. If a relative dies and you have not inherited what you feel you have a right to, you may be able to make a claim under the Inheritance (Provision for […]
Read MoreIf someone dies with only modest assets it isn’t always necessary to apply for a Grant of Probate. If someone dies with only modest assets it isn’t always necessary to apply for a Grant of Probate. It is usual for the executor of an estate to apply to the Probate Registry for an official Grant […]
Read MoreIf you’ve been left money or a share in someone’s estate, you may be wondering what liabilities you have. Do you need to pay tax on the money, and who is responsible for clearing any debts the deceased may have left? After someone dies, their personal representative is responsible for winding up the estate. It […]
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