Administration of Estates

Through many years of experience Hart Reade’s Probate Department is able to provide a thoughtful and efficient service in the administration of estates.

We ensure the process is carried out efficiently and at a cost that is proportionate to the value of the estate and the complexity of the deceased’s affairs. We aim to involve the family and beneficiaries and will provide them with all necessary information about the administration. We also provide a Probate Guide which gives a clear explanation of the legal process and terminology.

We provide expert guidance on:

• Arranging the valuation of the assets in the estate

• Preparation of Probate papers and raising Inheritance Tax

• Negotiation of Inheritance Tax with the Inland Revenue

• Realisation and/or transfer of assets

• Preparation of Estate Accounts and Tax Deduction

• Certificates for beneficiaries

Income Tax rules make it particularly important for these matters to be dealt with efficiently, and with careful thought to the timing of amounts paid to residuary beneficiaries. We look to keep executors advised of progress and provide written confirmation of instructions received and advice given.

There are complex and delicate matters which can arise during an administration: claims against the estate, division of personal chattels and tax considerations where the interests of beneficiaries may not coincide. Our experience and the personal service we provide help to overcome such difficulties.