What is probate?
If you have been appointed executor of a will you may need to apply for a grant of probate.
Probate is the process of proving a deceased person’s Will in the Supreme Court.
If you have lost a loved one and unsure what to do next, Formbys Lawyers can help you in this difficult time.
Some examples where you are likely to require a grant of probate include, if the deceased held:
- assets (such as bank accounts, shares, real estate) solely in their name
- real estate as tenants in common with another party.
Each individual situation is different and it is not always the case you need Probate.
For example you may not require a grant of probate if:
- the deceased held real estate as a joint tenant (eg jointly with a spouse). In this case the title can be transferred by way of survivorship.
- bank accounts were jointly held.
Call Formbys Lawyers today to discuss your individual circumstance 08 9354 0300 or email Harry Formby