A probate solicitor in Birmingham is required for persons who deal with family or friends’ losses and wills. Such a specialist can deal with a series of tax and accounting matters related to real estate inheritance and also for claiming estates that aren’t declared in a will. Such cases might get complicated, therefore, it is recommended to have the legal support and advice of our probate solicitors in Birmingham. Below, you can discover the cases in which a probate specialist can help you.
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In what cases should I ask for a probate solicitor in Birmingham?
Our probate solicitor in Birmingham can be hired for a series of legal matters like the ones we present you here:
- For tax matters that involve a real estate property you inherited.
- In the case the deceased person did not leave a will, therefore, being complicated to administer an estate.
- Some real estate assets might be connected to specific trusts for which the legal advice and support of a probate solicitor in Birmingham is needed.
- The capital gains tax, the income tax, and the inheritance tax of an estate can be verified and handled by a probate specialist in Birmingham.
Having inherited properties or appointed as an administrator solicits your extra attention, especially in matters of taxation or for sale transactions if you need to handle utility bills, funeral expenses, etc. Instead of dealing on your own such important aspects and particularly with all the paperwork, it is best to have in mind the support of a probate solicitor in Birmingham.
Dealing with the probate of a deceased person
There are many persons who consider the importance of a will and who appoint a close family member or friends to deal with estates. The right to deal with the estate of a deceased person is called probate, and persons who have management or administration rights can start dealing with the estates, helped by a probate solicitor in Birmingham. It is important to know all the aspects referring to payments or debts before the estate distribution is commenced. Our probate solicitors in Birmingham have the necessary experience in related accounting aspects and can guide you throughout the whole process. If you want to know more about the legal services of our probate specialists in Birmingham, please make sure you address your inquiries to our team. Let us help you from the beginning, in order for you to handle other tasks.
Do I need to pay the inheritance tax?
Yes, the inheritance tax is imposed on the total value of estates exceeding the GBP 325,000 threshold. One should note that the inheritance tax and other fees concerned can be paid as soon as the probate process is concluded and the estates sold. Our experts advise you to make an announcement in a local newspaper and give creditors or other persons to claim something if it is the case. This way you can protect yourself from any other debts that might arise at a certain point, even if the probate process is closed.
How do I find a good probate solicitor in Birmingham?
A good probate specialist in Birmingham is the one that offers complete legal advice not only in legal terms but also in an easy way for you to understand how you can be helped.
A probate solicitor can attentively analyze your request and then verify the circumstances, in order to provide the best option, whether there is a will left or not. Dealing with an estate is quite complicated from a tax point of view if you do not solicit legal assistance. Our team of solicitors in Birmingham will provide immediate legal advice for your case and will act in a professional manner, with transparency, and proficiency.
These should be among the qualities of a probate solicitor in Birmingham, yet, if you are not satisfied with the initial information and guidance, maybe it is time to search for another specialist.
We mention that our team of probate solicitors in Birmingham has experience in a wide range of cases like these and will act in compliance with the applicable laws in the UK. Feel free to get in touch with us and find out more about the legal services we offer, plus related costs.
We have gathered some facts and figures about properties and prices in UK, that you might find useful:
- Around GBP 231,000 is the average prices for a property in UK, according to statistics revealed in March this year;
- The average price of a property in London is approximately GBP 486,000, according to information offered by the Office for National Statistics;
- About 1.18 million housing transactions took place in UK in 2018;
- An average of 1.3 million housing transactions is expected by the end of 2022.
Persons who want to know more about the services of our probate solicitors in Birmingham can contact us at any time.