Probate in Camden

Obtaining grant of Probate in Camden to handle a persons estate can be emotional, especially when a loved one has passed away.   So that the grant can be obtained as quickly as possible and without complication, it is very useful and important to have a basic understanding of the procedures that are involved with probate in Camden.

All executors must apply for probate

If the deceased has left a will, they will have named executors, most likely two.  All executors must jointly apply for probate.  If any of the executors do not wish to act for any reason, they must sign a deed of renunciation and present it to the Probate Registry Office.  The executor remaining must still act, and if there are no executors remaining, the court must appoint one.

Finding a probate specialist in Camden to assist with applying for probate

The process of probate involves many different steps and can be undertaken with the help of probate specialists, or by submitting a personal application.  There are many Solicitors in Camden who can assist you with applying for probate. Please contact our team on 0330 660 0286 for more information.

Main steps when applying for probate in Camden

• After reporting the death, obtain the death certificate
• Notify all banks, mortgage lenders, utility companies, credit card companies etc., of the death
• Find a probate specialist (if preferred, this can be done immediately)
• Accumulate documents to take to the initial appointment with the Solicitor,e.g. identification documents, list of liabilities and assets
• So they can be contacted, inform the solicitor of the companies that have not been informed about the death
• Review H M Revenue and Customs tax return (and if applicable, supplementary forms) with the Solicitor and the relevant Oath for Executors
• Sign the above Oath, tax forms and any bank closure instructions, stock transfer forms etc. - along with any other executors (note: the Oath must be signed before an independent solicitor, and not the one you have instructed)

Paying tax on the estate

Within 6 months of the date of the deceased, any Inheritance Tax (IHT) due on the estate must be paid.  If it is not paid on time, then interest will be payable.  IHT can be paid annually, in instalments, where property or land is involved.  H M Revenue and Customs need to be informed so the tax liability can be amended, if the tax position needs to be revised.  

Personal application

You can also apply for probate personally, which should be done directly at the Holborn Probate Registry Office.  In order to do this, you will need to make any appointment with them and then will continue to conduct any interview.

Solicitors fees for Probate in Camden

Depending on the probate specialist in Camden that you instruct, fees for probate will vary.  Some will charge an hourly rate, while others may charge a percentage of the value of the estate.  If you get charged per hour, it will leave you unclear as to the final bill.  If the estate is complicated, then you will most likely be charged for additional work that is involved - for example, where assets are abroad, or where beneficiaries cannot be located.