Leading UK
Probate is the whole process of managing a dead individual's assets. This includes distributing their cash, resources, and assets and dispersing them as a legacy – subsequent to settling any expenses and obligations. In the event that the expired has left a Will, it will name somebody that they've decided to manage their bequest. This individual is known as the agent of the Will.
Before they start, the agent should apply for a Grant of Probate, an authoritative report that gives them the power to manage the expired property. Probate closes once all expenses and obligations have been paid and all legacy passed on. For more information, visit our website Leading UK.
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