Probate is the legal process of administering an estate after someone has died. It allows executors to:
- Access bank accounts
- Sell property
- Pay debts and funeral costs
- Distribute assets in line with the Will
You typically need probate when:
- The estate contains property
- Bank accounts are over the provider’s threshold
- There is no surviving joint owner
- No valid Will exists
Professional assistance can reduce stress for the executors and help ensure everything is completed correctly.
This article is for general information only and not personal advice. Consult a professional for your situation.