Yes, however be aware that as the Executor, Personal Representative or as an Administrator of the Estate you can be held personally financially liable for any loss caused by a breach of your duties; even if any mistakes you make are genuine errors.
What's the difference between an Executor, a Personal Representative and an Administrator? See Executor, Personal Representative and Administrator Duties explained.
In England and Wales the Probate process can be complicated and is undoubtedly time consuming. In fact, if you do Probate yourself you may need to allocate anywhere between 70 to 100 hours to deal with all of the legal, tax, and Estate Administration work required to complete Probate.
In reality though, you probably won't commit more than a few hours a week to the Probate and Estate Administration process and so it could take up to a year or more to complete.
You can see how this process can drag on and on and become a real burden to you and your life. Weekends and evenings are often precious time spent with your family, friends or just downtime from the stresses of the working week and the added pressures of administering an estate can be too much for many people after a loved one has passed away.
There are differences too if your loved one did not leave a valid Will. Whilst the Probate process is similar, the division of assets has to be decided based on the rules of Intestacy (dying without a Will). This can further complicate an already complex matter.
You can help to ease the burden of applying for Probate yourself a little by buying a DIY Probate Kit. This will provide you with example templates and forms and the guidance you need to do Probate yourself, but you will still need to complete all of the legal, tax, and Estate Administration work yourself. If you have never done Probate before, and most of us haven't, it can be difficult to understand exactly how Probate works, where to start, and when it will end.
The much easier option is to have all the legal, tax (excluding VAT), Estate Administration work and Property matters handled on your behalf by the Probate specialists at Co-operative Legal Services. For complete details see Probate Complete Service.
Benefits of our Probate Complete Service include:
- Speak with a Probate Consultant in your home, office or another location (in England or Wales).
- We take full responsibility for getting the Grant of Probate and dealing with all the legal, tax (excluding VAT), property and Estate Administration affairs.
- We can settle the cost of a Co-op Funeralcare funeral* and reimburse any deposit paid, as soon as you have instructed us to represent you.
- We can provide a loan for any Inheritance Tax (IHT) due from the estate*.
- Complete on-going customer support from start to finish.
*Providing that the estate owns assets that can be liquidated.
Our Probate advisory team offers free initial advice, guidance and a sympathetic ear when you need it most. Call us on 01618558359 or contact us online and we will help you.
At Co-op Legal Services, our Probate team includes over 20 specialist Probate Solicitors and over 100 Probate Consultants, Case Handlers and Advisors; making us one of the largest providers of Probate and Estate Administration services in England and Wales.