A Grant Only Service designed for executors and administrators who have the time to deal with administering the assets themselves, but wish to have the necessary documents relating to Inheritance tax and obtaining the Grant of Representation prepared on their behalf. The administrator or executor will be required to provide all asset information. The estate must be valued below the Inheritance tax Threshold to be able to use this service, ie there will be no inheritance tax to pay.
What is included:
Initial interview to advise you on available options, can be done either in person or by email if you would prefer
Receiving and reviewing the Death certificate
Receiving and checking the Will (if there is one) and advising you on it
Receiving and reviewing all paperwork relating to the assets and liabilities, you will provide all the values.
Preparing form IHT205 and if necessary IHT217 for transferable Nil Rate Band
Preparing Oath for Executor or Oath for Administrator
Apply to the Probate Registry for the Grant of Probate or Letters of Administration
Dealing with any queries from the Probate Registry Advice on searching for lost assets
Advice on statutory advertising to protect the Executors
Receiving the Grant of Probate or Letters of Administration
Sending you the Grant of Probate or Letters of Administration
What's not included:
Corresponding with financial institutions and obtaining any financial information
Obtaining any valuations of assets
Any disbursements payable, for example, court fees and swear fees
Completion of forms where an amount of Inheritance Tax is due (IHT 400 and supporting documents)
Any other issues arising relating to validity of the Will or if Probate is contested
Any distribution of the estate. This will be the administrator or executors responsibility If later on you decide you wish the firm to deal with the full administration they would be happy to do so.
