Circumstances That May Necessitate Using a Probate Solicitor
After the owner of an estate has passed on, there are attorney who have specialized in advising executors and beneficiaries of an estate and are known as probate solicitors. There are those who have fixed rate probates and there are those whose fee depends on the work they are going to do for you. Situations where it may be ideal to hire a probate solicitor are briefly highlighted below.
It is wise to seek probate solicitors if the deceased had property in a foreign country or in foreign countries. When you seek their services, they will help you as the beneficiary change the assets to your name. Probate solicitors can also help to advise you on matters regarding taxes.
If the estate is bankrupt then it is good to contact a probate solicitor. When you seek their services, they are best placed to advise you on how to maneuver the insolvency. With their help, that burden will not be transferred to you.
If the estate is at a bad financial position then contacting a probate solicitor can be beneficial for you. You are able to confirm such claims. Probate solicitors are also able to guide you in such type of situations.
Some estates have complex arrangements and it be a hard task trying to get hold of them. Such complexity may be for example if the assets were held in a trust. When you contact probate solicitors, they are able to advise you on how to go about estates with such complexities.
There are situations where the deceased had dependents who were deliberately left out of the will and who want to make a claim on the estate. It is important to involve probate solicitors in such situations. They are in a better situation to interpret the law and provide a way forward in such cases.
There are those who are deceased and did not make a will. Such property may be problematic if it is hard to administer. In such a case, it is wise to contact a probate solicitor to help in giving a way forward or solution to administer the property.
If there are questions regarding the validity of the will then contacting probate solicitors may be helpful. They are in a better situation to investigate and confirm if the will available is authentic. It is therefore easy to resolve disputes about the will amicably.
If the deceased resided in a foreign country, it may be hard to follow through on the will. Probate solicitors may be involved to solve such problems. Since you may not be familiar with taxes of foreign countries, they are able to help you in such matters.