Jun/090
Probate Registry. What is it and what is its purpose?
It is best to leave the definition of probate to Her Majesty’s Courts Service to here goes…
When a person dies somebody has to deal with their estate (money property and possessions left) by collecting in all the money, paying any debts and distributing what is left to those people entitled to it. Probate is the court’s authority; given to a person or persons to administer a deceased person’s estate and the document issued by the Probate Service is called a Grant of Representation. This document is usually required by the asset holders as proof to show the correct person or persons have the Probate Service’s authority to administer a deceased person’s estate.
Is a grant needed in all cases?
No - It may not be necessary to obtain a grant:
Where a home is held in joint names and is passing by survivorship to the other joint owner.
Where a joint bank or building society account is held, production of a death certificate may be sufficient for the monies to be transferred to the joint holder.
Certain institutions may release monies without a grant being produced if the amount held by the deceased was small. Apply to the institution to see if they will release monies without a grant.
If the above circumstances do not apply or if the institutions concerned inform you that a grant of probate is, or letters of administration are, required you can choose to contact a solicitor who will arrange this for you.
Related posts:
No comments yet.
Leave a comment
No trackbacks yet.
 |
 |
