To administer an estate, you will need to:
- identify all the estate’s assets and liabilities
- identify and contact the beneficiaries
- submit an inheritance tax form to HM Revenue & Customs
- obtain a grant of probate
- settle taxes
- protect, dispose or transfer assets in the estate
- pay all debts and administration expenses
- prepare the estate accounts
- prepare the tax deduction certificates
- distribute the estate.
Our legacy administration team is happy to help wherever possible.