The process of applying for a probate is a tedious and difficult one. This is why nearly 70% of the applications produced for probate are made with the help of professional. Here are some of the steps involved in creating an application for probate which should give you an idea why the process is so difficult:
Finding the right probate service
A professional who deals in probate application production is known as a probate practitioner. These professional have varied rates depending on their skills, experience and success history. A probate professional may also change his/her charged rates according to the complexity of your application. For example if your application consists of beneficiaries that cannot be found or assets that cannot be traced, the rates may go up accordingly.
Finding the right probate practitioner can be a complicated process but it is highly recommended that you find one that offers a fixed price upfront. This way you could only give a fix amount and not worry about changed rates according to your application.
The second step is to apply for a probate. In order to do so, an individual must have the proper and complete paperwork. Acquiring the complete paperwork can be hard for someone who is not aware of how the probate process works; this is why a probate service is your best option to acquire help from a probate practitioner. The information and forms can also be obtained from probate registry or the inheritance tax helpline.
Finalizing the paperwork
When all the information required to apply for a probate is completed, you should start finalizing the paperwork by filling the appropriate forms. When sending of the paperwork, you must make sure that you attach your original will and two copies of it with the application. Once you complete the process, send the applications to the Probate Registry.
The Last Step
When the applications are sent away to the Probate Registry, the applicant is asked to swear an oath. The oath can be taken at the office of commissioner for oaths or at the probate venue. All of the final steps can also be completed at any solicitor’s office if it’s convenient for you.
|Tags: application, cannot, information, paperwork, practitioner, probate, process, registry, service, Step|
|Posted in Estate Planning|