Part DIY - part probate specialist

jill36_2

Hi My Mum passed away recently.
I am going to use a probate specialist (chartered accountant)
Would it be possible to keep costs down do some of the work myself ie
NS&i for Premium bonds and a graduated growth bond. It seems a simple form and then send NS&I the original copy of the Grant of Probate when received via the specialist.
Hope this makes sense to someone.

Flugelhorn

the form is simple really - not sure you need specialist as you already have the values you need (and have done some of the work for them). When you get the grant then send it to NS&I and any others who need it

Margot123

Your Mum's estate appears very straightforward.
DIY probate, while time-consuming, is really quite simple. Don't be daunted by the forms, you soon get the gist of them.

I have acted as sole executor on a number of occasions, and never felt the need for a 'specialist'. From what I've read on here, they can even prolong and complicate matters at great cost to the estate.

If you do DIY, you can always consult a local solicitor if you need a bit of advice on a particular issue that may arise. I have done once, and it cost about £150.
However, you may already have signed a contract with the 'specialist'. Check if there is a 'cooling off' period still in force, if you want to dispense with their services.

jill36_2

She also has a large portfolio of shares and a bungalow. I wouldn’t have a clue how to find the share value from date of her death last month.

Browntoa

It would be much easier if you kept all your questions in a single thread rather than open a new one each time.

Gives people the whole picture

Flugelhorn

jill36 wrote: »

She also has a large portfolio of shares and a bungalow. I wouldn’t have a clue how to find the share value from date of her death last month.

there was some advice here about that : https://forums.moneysavingexpert.com/discussion/4452301/valuing-shares-for-probate-historical-share-prices-help


It can all feel a bit daunting particularly after a loss like this but sometimes it can feel even worse handing the task over to someone else to do.

badger09

jill36 wrote: »

Hi My Mum passed away recently.
I am going to use a probate specialist (chartered accountant)
Would it be possible to keep costs down do some of the work myself ie
NS&i for Premium bonds and a graduated growth bond. It seems a simple form and then send NS&I the original copy of the Grant of Probate when received via the specialist.
Hope this makes sense to someone.

Sorry for your loss.

Is the estate very complicated? If not, you could avoid all but the application cost by doing it yourself. Plenty of help on here.

badger09

Browntoa wrote: »

It would be much easier if you kept all your questions in a single thread rather than open a new one each time.

Gives people the whole picture

Duplicate here
https://forums.moneysavingexpert.com/discussion/5866402/part-diy-part-probate-specialist

badger09

Duplicate here. With more responses:o

https://forums.moneysavingexpert.com/discussion/comment/74511048#Comment_74511048

Keep_pedalling

jill36 wrote: »

She also has a large portfolio of shares and a bungalow. I wouldn’t have a clue how to find the share value from date of her death last month.

Providing she did not have any exotic shares, then it is vey easy to get the price of shares from yahoo. You just need to use the closing price.

For example the following link gives the recent history of BP shares.

AnotherJoe

jill36 wrote: »

She also has a large portfolio of shares and a bungalow. I wouldn’t have a clue how to find the share value from date of her death last month.

People here can tell you. Its easy, and doesn't require a "specialist"