1) Finding the will:
- Going through the deceased’s paperwork, or requesting a copy from his or her solicitor or bank, or;
- if there isn’t a will, identifying the next of kin who can take on the role of administering the estate.
2) Applying for the grant of representation:
- Completing the probate application form.
- Filling in the inheritance tax forms for Her Majesty’s Revenue and Customs (HMRC) including giving valuations of all the deceased’s assets and calculating how much tax there may be to pay.
- Sending the above forms and relevant fees to the Probate Office.
- Swearing an oath that all the information provided is correct to the best of your knowledge, that you are entitled to take out the grant and that you will administer the estate in accordance with the law.
3) Administering the estate:
- Sending copies of the grant of representation to the deceased’s bank and other asset holders.
- Advertising for creditors to come forward with any outstanding debts the deceased owed them.
- Liquidating the assets to provide funds to pay debts, taxes and the beneficiaries of the estate.