Wills and Probate Solicitors Sheffield, York & Leeds for Estate Administration and Estate Planning
Estate Administration is the process of settling a person’s legal responsibilities and tax liabilities after they have died. It also involves the distribution of assets belonging to the person’s estate. Distribution of the estate’s assets is governed by following the instructions made in the person’s will, or, where no will is left, the distribution of assets is governed by the Rules of Intestacy.
These processes may sound straightforward but can often be complex, and unsurprisingly, we generally find they are the last thing you or grieving family members want to be dealing with when someone close has been lost.
If it is time for you to plan, in order to ensure your family’s future is protected at the time of your death, then making a Will offers full, legal provision and certainty that your assets will be divided and shared out in the way that you intended. This will give you great confidence that your affairs are in order and your family will be looked after as you would wish.
Our Wills and Probate Solicitors can help.
If you are coming to terms with the loss of a partner, relative or friend and are now looking for support and guidance to help settle their affairs, our Estate Administration Solicitors can provide all the help and legal expertise you need. If you find yourself responsible for dealing with affairs of an estate following someone’s death, our Estate Administration Solicitors can ease the burden on you, at what is always an emotional and distressing time, by handling the administration of the deceased’s estate with professionalism, sensitivity, compassion, and, of course, a thorough understanding of the law.
Lupton Fawcett is an award-winning law firm in Yorkshire. Our dedicated Estate Administration & Estate Planning team has, over the years, helped thousands of people in Leeds, York, Sheffield and across the North, plan effectively for the time, that unfortunately, none of us can escape.
We have helped scores of families and friends deal with the process of settling the affairs of a loved one after their passing. Get in touch, with our Wills & Probate Solicitors in Sheffield, York, or Leeds, for more information.
Contact us by calling 0333 323 5292, or fill in the enquiry form on this page and we will get back to you.
Tricia Carter has a long association with Sheffield Mencap and Gateway and we're very glad to know her. For many years she has met regularly with groups of parent carers during the day and in evenings to answer questions about ways of leaving money and property through wills and trusts to people with learning disabilities. The families I work with always get a lot from her sessions and she is careful to always give impartial, sensible advice. I have only ever had extremely positive feedback from family carers who've come to the sessions and I've learnt a lot over the years from her too.
About Trusts, Wills and Estates
If the time is right for you to consider your own affairs and the future of those you will leave behind, or the death of a friend or relative has forced responsibility on you for dealing with their affairs, you may feel as if you do not know where to turn.
Lupton Fawcett’s Estate Planning & Administration Solicitors offer comprehensive legal support and guidance within this area of law. We are nationally recognised and we possess the experience and legal expertise to help plan for your family’s future or, to help manage the final resolution of someone’s estate.
We offer a range of funding options and we can offer fixed fees across the full spectrum of Estate Planning and Administration services
- Executors and administrators
- Business owners
- High net worth Individuals & Families
We offer expert legal advice regarding:
- Making a Will
- Codicils and making changes to a Will.
- Advanced decisions (Living Wills)
- Deeds of variation
- Trusts and charities
- Care home fees
- Court of Protection
- Professional Deputyship
- Domicile and residence
- Business Protection
- Inheritance planning
- Lasting power of attorney
- Lump sum protection
- Issues around Family Businesses
- Inheritance Act Claims
- Trust disputes
- Contentious Probate (Will Disputes)
Administration of an Estate
When someone close to you dies, and you are suddenly faced with responsibility for their estate, it can often feel overwhelming, suddenly finding yourself in unusual legal territory and possibly faced with the enormity of settling a sizeable estate that has taken a lifetime to build.
Not only can the size and scope of an estate be difficult to identify and quantify, but you will also unexpectedly find yourself enveloped by unfamiliar legal processes and language.
Without the previous experience of navigating the Estate Administration process, you will no doubt quickly find yourself pondering questions like:
- What is Probate?
- What is Estate Administration?
- What is the difference between Probate and Estate Administration?
- How do I know I am handling things correctly?
- What help can I get?
Our Wills & Probate Solicitors in Sheffield, Leeds, and York are experienced and qualified legal professionals who specialise in the laws governing the Administration of Estates. We can help provide the answers to all the above and more. Our team can help whatever the circumstance and however straightforward or complex an estate may seem.
We can help:
- If no Will was left – particularly for estates worth over £270,000
- There is a Will
- Where business assets exist within the estate
- Where agricultural property or assets exist
- There are overseas assets
- Where the estate is insolvent
- With taxable and non-taxable estates
- Where you do not have the time or expertise to deal with the estate
- Where charities are named as beneficiaries
- If the Will is being contested or there are concerns about the validity of the Will or any other dispute
- Where dependents were not mentioned in the Will but are likely to make a claim against the estate
- If the Will is complex or features trusts
If you are the named Executor of a Will, or you need to deal with the estate of a loved one where no Will was made, this can be an intimidating and often unwanted set of responsibilities at what may be an incredibly difficult time.
You will find the approach adopted by our team to be practical, compassionate, and supportive, we will communicate with you clearly, considerately and in an easy-to-understand way. We can help with every aspect of what you now face; from valuing the estate and settling any inheritance tax liability, to obtaining the grant of probate or even making funeral arrangements.
Our only goal is to make the estate administration procedure as simple and as straightforward as possible, giving total peace of mind that your legal responsibilities as an Executor or administrator of an estate have been fulfilled meticulously and accurately
Speak to one of our Estate Administration Solicitors today by calling 0333 323 5292, or leaving you details via the contact form on the right-hand side of the page.
A word from our Estate Administration Lawyers…
Senior Wills & Probate Solicitor Sheffield
I have worked in Sheffield for more than 30 years; I enjoy working at Lupton Fawcett in this city as it allows me to connect with both local individuals and organisations. I am proud to provide advice to a range of clients including local individuals, those further afield and to organisations such as Sheffield Age UK and Sheffield Mencap and Gateway. As a Private Client Solicitor, I offer support to my clients during a difficult time in their lives. I advise on all aspects of estate administration, including any property transactions involved as part of the process. Tricia Carter (Partner)
Senior Wills & Probate Solicitor Leeds
I enjoy working at Lupton Fawcett in Leeds as I can assist a variety of different clients from local individuals to those overseas. I provide advice on the administration of estates, ranging from small estates, perhaps with one or two assets, to larger more complex estates involving businesses, farming, land, and also dealing with cross-border issues. Working in Leeds has allowed me to build great working relationships with local professionals such as estate agents, stockbrokers, and independent financial advisors to assist with the various stages of estate administration. Hugh Thompson (head of Estate Administration team)
Senior Wills & Probate Solicitor York
As a local to York, I enjoy working at the York office of Lupton Fawcett as I can provide advice regarding estate administration to a range of clients including local individuals and families. Through working as a Solicitor in Yorkshire for over 10 years, I have established longstanding connections with individuals and families, helping them through the difficulty of losing a loved one. As a member of STEP (Society of Trust and Estate Practitioners), I offer extensive advice to my clients regarding the administration of estates. Ed Taylor (Associate Solicitor)
What could be involved in Estate Administration?
When someone dies, all their assets (including any land, property, money, stocks, personal belongings etc.) comprise the ‘estate’.
Every estate is different, but there are various stages of the estate administration process which are required in most cases. These steps are designed to identify, collate, quantify, and distribute the value of the estate (including any taxes or debts).
Our Solicitors will personally guide you through this process. We can comprehensively organise the entire administration of the estate, or we can help with individual aspects of the Estate Administration process. We will always make time to answer questions you may have and keep you updated throughout the process.
Normal stages to the administration of an estate include:
Local council, HMRC, the Department for Work and Pensions, and where necessary; creditors of the deceased, and financial institutions with whom the deceased had accounts, must all be identified and contacted, informing them of the person’s death.
On your instruction, we will let these different bodies and institutions know that we are representing you
Preparing tax forms and applying for the Grant of Probate
We will prepare the relevant tax forms and also make application for the Grant of Probate on your behalf If Lupton Fawcett are appointed as Executors, we can apply for the Grant in our name, thus bearing the responsibility and liabilities surrounding the administration of the estate.
Closing or transferring accounts
Having identified all bank accounts and any other investments and financial institutions with whom the deceased held accounts. We will request closing valuations from all parties.
We will liaise with Executors to discuss valuations, contents and instructions made in the Will, and thus arrive at decisions on whether accounts need to be closed or transferred into the name of one of more of the beneficiaries.
We may also send the Grant of Probate to the banks, mortgage companies and other financial institutions
Completing the legal work
If the Will contains a Nil Rate Band Discretionary Trust, we will write to all Trustees. Our team will then work on Trusts within the Will, property transfers and deal with any other legal requirements, like statutory declarations or dealing with Cessate Grants.
Selling and transferring assets and paying debts
We will organise the sale of any shares and assets within the UK and overseas. If there are assets to be transferred to beneficiaries, we organise it.
Any Debts will be settled where enough funds exist within the estate to do so.
Sale or transfer of ownership of property
Often, the family home is the most valuable part of an estate, both from an emotional and financial perspective, but we often deal with estates that contain residential property portfolios or even commercial property assets.
As a full-service law firm, Lupton Fawcett’s breadth of expertise means we can provide additional legal services surrounding the sale of a property whether freehold or leasehold, residential or commercial.
We provide a comprehensive service surrounding property matters in the administration of an estate.
Our Private client and Commercial teams boast tax specialists for individuals and specialist corporate tax lawyers. Whatever the make-up of the estate. We have the expertise to manage and mitigate tax liabilities wherever they occur.
We will also clarify and confirm the final position for the individual’s estate on Inheritance Tax and secure ‘clearance’ from HMRC.
We can often reclaim overpaid inheritance taxes should there be an opportunity to do so.
On finalising the various settlements surrounding the administration of a person’s estate. We will produce accounts for the estate, before distributing them to the Beneficiaries
We will produce full and final estate accounts and be on hand to you and all the beneficiaries, so if you have any questions, we will answer them
Sometimes, the probate process can lead to disputes and arguments between family members. On occasion a Will may not seem to carry instruction on the division of assets that were expected and perhaps were openly discussed by the deceased’s during their final years. Sometimes, where no will is left and the deceased may have a complex family history, those that depended on income from the deceased while still alive, may, upon their death, find themselves in financial difficulty.
There can be all sorts of reasons why Wills are challenged or disputed. Disputes surrounding probate are known as ‘contentious probate’, If disputes arise, whatever your position, you can have confidence that in choosing Lupton Fawcett, you will have a renowned and tenacious team protecting your interests and fighting your corner.
What is Probate?
Probate could be required when someone passes away. The ‘grant of probate’ is a document that provides the authority to deal with the deceased’s assets.
If the deceased owns property or has savings and investments with banks or other financial institutions, perhaps even shareholdings, then the ‘grant of probate’ may be needed by these institutions in order to release funds or shares held in the name of the deceased.
Where savings, investments or property are jointly held in the name of the deceased and their spouse, then all assets automatically pass into the name of the surviving partner.
Applying for Probate is straightforward, however, there are many legal technicalities that make it prudent and highly worthwhile for most, to secure the services of a qualified Wills and Probate Solicitor.
What is the difference between Estate Administration and Probate?
Probate is often mistaken for all the tasks to be completed following someone’s death, but it exclusively refers to obtaining the grant to enable you to carry out the tasks associated with Estate Administration
To sum up, the difference between Probate and Estate Administration; Probate is just one part of the wider Estate Administration process. Probate provides you with the legal right to carry out the Estate Administration, including dealing with property, money, and personal possessions.
Why choose the Wills and Probate Solicitors at Lupton Fawcett for Estate Administration services?
Our Wills and Probate Solicitors have been helping families and individuals with Estate Administration services for many years and across many parts of England & Wales.
With Lupton Fawcett being a leading full service Law firm in the UK, providing a complete range of Estate Planning, Estate Administration, Property specialisms, Wealth and Inheritance Tax Planning and Dispute Resolution, we are ideally placed to provide you with the very best legal support at what is likely to be one of the most challenging times you will ever face.
We regularly deal with the administration of estates for high-net worth individuals, entrepreneurs, and property investors as well as the average family, fully managing the process where estates are simple to administer right through to the highly sophisticated.
You will have the dedicated support of a qualified Wills and Probate Solicitor throughout the entire process and you will always have direct access to that individual when you need to talk.
Our team includes some of the most prominent and renowned Wills and Probate Solicitors in Yorkshire and members of STEP (the Society of Trust and Estate Practitioners) further reflecting our technical know-how and expertise in this specialist area of law.
Contact our Wills & Probate Solicitors
If you have any questions about applying for probate or the estate administration process, get in touch for a free, no-obligation chat by calling 0333 323 5292,
If you need a comprehensive level of support surrounding Estate Administration for a loved one, friend or relative, rest assured that Lupton Fawcett will provide the expertise and commitment to exceptional client care that you deserve
Our Wills and Probate Solicitors in Leeds, York & Sheffield regularly provide probate legal services for the administration of estates for clients across the United Kingdom including Bradford, Birmingham, Hull, Leeds, Liverpool, London, Manchester, Sheffield, York, and Nottingham.
Our specialist Wills, Trusts, and Estate Solicitors are on hand to help you every step of the way and throughout the legal process to ensure your affairs, or those of a family member, are in order.
To discuss your circumstances, contact us today