Q: What probate service does HK Law offer?
A: Here at HK Law, we make it as straightforward and stress-free as possible so that Executors can have peace of mind that things are being done correctly and in a timely manner.
Q: What are the initial steps taken by HK Law in probate cases?
A: We start by meeting Executors, obtaining identification, and reviewing the death certificate. In this meeting, we advise on Will terms, discuss the next steps, and
outline the likely timescale and associated fees. We then start the estate administration by valuing assets and liabilities to calculate the estate’s value and potential inheritance tax. We also inform beneficiaries about their inheritance.
Q: What is the process for finalising the estate with HK Law?
A: We apply for the Grant of Probate or Letters of Administration if there’s no Will, allowing Executors to handle assets and property. After receiving estate funds, we settle legacies, liabilities, income tax, and prepare Estate Accounts. Finally, we distribute the estate per the Will or intestacy provisions.
Q: What are the benefits of using a professional probate service?
A: By using a firm of solicitors such as ourselves, the Executors can avoid personal liability and feel reassured that everything is compliant and being carried out efficiently. It takes the weight off your shoulders at what is usually a difficult time when you are dealing with the loss of a loved one.
Q: Why choose the HK Law probate team?
A: At HK Law, we understand how hard it can be to deal with the death of a loved one, which is why we strive to offer both compassion and expertise during the process
of probate. So, if you need help with administering an estate, please don’t hesitate to get in touch.