Circumstances That May Necessitate Using a Probate Solicitor
Attorneys who advise executors and beneficiaries of an estate after the owner is deceases are known as probate solicitors. In most cases their fees usually range from the kind of work you require them to do after you hire them but with modern times you can get fixed rate probates. Below are some of the situations where hiring a probate solicitor is ideal.
If the deceased had property in a foreign country or countries, it is wise to seek the services of probate solicitors. They will be helpful in helping you change such assets to your name if you are the beneficiary. They are also in a position to advise you on matters regarding taxes.
If the estate is bankrupt then it is good to contact a probate solicitor. since you may not know how to maneuver the insolvency, they are best placed to give you such advise. With their help, that burden will not be transferred to you.
Contacting the probate solicitor is also beneficial if there are fears that the estate is at a bad financial position. When you contact them, they are able to confirm such claims. Probate solicitors are also able to guide you in such type of situations.
Some estates have complex arrangements and it be a hard task trying to get hold of them. Such complexity may be for example if the assets were held in a trust. When you contact probate solicitors, they are able to advise you on how to go about estates with such complexities.
There are situations where the deceased had dependents who were deliberately left out of the will and who want to make a claim on the estate. Such situation may be complex and may necessitate involving probate solicitors. They are in a better situation to interpret the law and provide a way forward in such cases.
Not writing a will can be a hard thing to tackle when someone is deceased. Such property may be problematic if it is hard to administer. In such a case, it is wise to contact a probate solicitor to help in giving a way forward or solution to administer the property.
If there are questions regarding the validity of the will then contacting probate solicitors may be helpful. They are in a better situation to investigate and confirm if the will available is authentic. It is therefore easy to resolve disputes about the will amicably.
There are situations where the deceased happened to reside in a foreign country and this may make it a bit difficult to follow through on the will. In such a case, it is important to involve a probate solicitor to help in solving such problems. One of the things that they can help solve easily is the issue of taxes which you may not be in a position to handle well.