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cheapbag214s
Posted: Fri 15:43, 26 Jul 2013
Post subject: - The assets of the estate are worth more than �5
has been made by the deceased and instead s/he has died intestate. 2. Why do I have to apply for a grant of probate? Many organisations will not allow executors or administrators of a UK estate to access the deceased's assets without legal evidence of their status and ability to do so. This evidence comes in the form of a grant of probate. Once the grant is secured then you should be able to proceed with the full administration of the estate. Probate in the UK is usually required if the estate satisfies the following conditions: - The assets of the estate are worth more than �5,
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,000; - The deceased held land or property as a 'tenant in common'; - There could be some investements belonging to the estate such as shares; and - The deceased has a certain insurance policy. 3. How do I apply for a grant of probate?Locate your closest Probate Office and submit the necessary application forms (PA1 Probate Application Form). These can either be downloaded online or obtained in paper version from the UK Probate Office. You
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