Probate

In this episode, Fiona Taylor, Senior Associate with Warners Solicitors, discusses probate.

Fiona explains what probate is and the different approaches taken depending on whether the deceased has left a Will or if they have died intestate. She describes the various stages that are involved, from applying for probate to the distribution of the assets.

She discusses why some people choose to administer the estate themselves and why some people instruct solicitors either for the whole process or for a part of it. 

Fiona also talks about Inheritance Tax. She describes who is responsible for paying it and by when and the fines that can be issued if the deadlines are not met.