The Oxford probate process begins by valuing the deceased estate to determine whether or not it will be excepted (not liable for inheritance tax). This will determine which forms need to be completed.
If you are obtaining probate when there is a valid will, you will apply for a Grant of Probate from the Oxford registry.In the case of intestacy, the next of kin will apply for Letters of Administration.
Both are simply documents which officially allow you to handle the affairs of the deceased.Copies will be required by various financial institutions, to allow representatives access to contents of bank accounts etc.
The relevant forms must be completed; PA1, IHT205/IHT400 and forwarded, along with the required documentation and fee. Once these have been checked by officials at HM Courts and Tribunals Service, you`ll receive an invitation to attend an interview.
Executors/administrators must attend the interview to answer any questions and swear an affidavit, declaring the information provided is correct. Provided there are no problems, the document will subsequently be issued.
In the following circumstances, it is recommended you seek legal advice before you make the probate application;
Once the grant has been issued, personal representatives have the authority to administer the estate. This involves, opening a bank account, informing financial institutions and service providers of the deceased, settling funeral expenses, paying debts, collecting monies owed, producing a set of accounts and distributing the proceeds to the beneficiaries.
IWC offer a comprehensive probate service. We can take care of the entire process on your behalf, including making the probate application, corresponding with all executors and beneficiaries and dealing with HMRC and the Dept. of Work and Pensions.
We offer Free help and advice for probate Oxford, call us on 0800 612 6105, open 7 days a week, until 10pm.