Probate Interview

getmore4less

Corelli wrote: »

the bloke I was talking to about this when I phoned to see if we had to wait for the final tax figures to come through said that as so few estates are due for Inheritance Tax, it would be a waste of money to check everything.

The courts(probate) won't check anything other than the person is entitled to get the grant.

Any checking will be done by HMRC.

There are around 1/2 million estates every year,

of those
around 50% go to grant(probate/LOA) for their administration
of those
around 85% are with a will
around 35% are by lay persons
around 60% are for under £100k

of those only around 16k pay IHT.
(as the new house bit kick in this number will be reduced significantly)

That number could be a lower if everyone did a bit more planing.

The costs of checking every estate in the uk would be prohibative.

pinkcloud

pinkcloud wrote: »

I telephoned the Probate Registry early today and as intimated yesterday they told me my probate application was in the pile to be processed today it being ten working days since they received it.

I telephoned again in the late afternoon, it had been processed and was on its way back to me with the Oath.

I tried to quiz them about the 10 days, but apart from saying that there is an aim for probate applications to be processed in the first instance within 10 working days of receipt they said they were too busy to elaborate.

They said I will receive the Oath by Wednesday.

pinkcloud

The Oath came today as promised with one of the copy Wills I had sent.

5 Minutes taking the Oath at a local solicitors cost £7 no appointment necessary. The solicitor and I both had to annotate the copy Will which was then sent with the sworn Oath back to the Probate Registry.

The Probate Registry's letter says that they aim to send the grant in 10 working days from receiving the sworn Oath.

pinkcloud

samuela66

For all,


I received my oath back yesterday so not long at all, made me sad though


sam x

samuela66

Hi All


Another little update, swore the oath yesterday, posted back last night 13.10.2015, so I will keep informed of when I receive the next piece of information.


thanks
sam

FreeBear

As long as no caveats have been entered, you should get the grants back within a couple of weeks. 14 days later, the will & grant will appear in the online database so that the general public can obtain copies.

pinkcloud

The Probate Registry told me my grant had been posted yesterday.

They also told me that their aim is now to post the grant back within 8 working days of receiving the sworn oath.

I have had very good service from the London Probate Registry.

pinkcloud

samuela66

Hello

My papers came back today, two weeks, very quick!

Can anyone tell me what I do now, is it just a case of taking that paperwork into the bank, he held all his accounts at the one bank.

Many thanks

Sam

FreeBear

samuela66 wrote: »

Can anyone tell me what I do now, is it just a case of taking that paperwork into the bank, he held all his accounts at the one bank.

Assuming it is just your name listed as the executor, take a couple of copies of the grant with you to the bank along with two forms of ID (passport & utility bill are usually OK). Sit down with the branch manager and go through any forms with him and that should be job done.

If there are two executors, you will both need to go in to sign any papers.

pinkcloud

Do not expect to get the funds straightaway as forms have to be filled in which generally have to go to the bank's Head Office.

I got my funds 2 weeks later.

You need to take an original death certificate if you haven't already given one to the bank.

pinkcloud

samuela66

Hi


There are two executors, so I have made an appointment for next Thursday at the Halifax.....
thanks
sam