Following a bereavement, we have been left property and some savings. Which is of course fantastic but we didn't realise the process to inherit was so complicated.
We've tentatively decided on using specialist form to sort the probate and inheritance but their terms say they will take control of all the estate assets in an account set up for that purpose. Is this right and standard practice.
They will calculate the inheritance tax and do the paperwork. Etc.
From what I can make out if the house is sold the proceeds would similarly go to their account that's been set up before being transferred to us. Again is that right?
Or they can introduce us to a convetancer to transfer house to our name. Is that how it normally works?
Anyone had good experiences and can recommend any solicitors etc.
We've tentatively decided on using specialist form to sort the probate and inheritance but their terms say they will take control of all the estate assets in an account set up for that purpose. Is this right and standard practice.
They will calculate the inheritance tax and do the paperwork. Etc.
From what I can make out if the house is sold the proceeds would similarly go to their account that's been set up before being transferred to us. Again is that right?
Or they can introduce us to a convetancer to transfer house to our name. Is that how it normally works?
Anyone had good experiences and can recommend any solicitors etc.
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