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Wills & Probate

FAQs

Find out more about wills and probate.

A will is a formal document that spells out your intentions for your possessions and other assets once you pass away. A person, or executor, can be named in a will to carry out your instructions and take care of any expenses associated with doing so. It’s crucial to keep in mind that when it comes to dividing up your property, all of the directives stated in your will must be strictly followed. Some of the most complex inheritance rules in the world are found in England and Wales.

A grant of probate can only be issued to named Executors of the Will whereas Letters of Administration are issued to the persons entitled under the Rules of Intestacy if a person died without leaving a valid Will.

In England and Wales most, financial institution will not automatically allow the Executors to access bank accounts without obtaining a Grant first, although some banks have different requirements for releasing funds most bank will require a copy of a Grant given that it is a legal confirmation that the Will is valid and recognised by the Court.

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