A Will does not avoid probate although avoids intestacy when the deceased has no Will. For this reason, professional Will storage and entry on the National Wills Register is considered essential. Without a Will, the state effectively writes one for you in line with intestacy rules that may be against your wishes? proving a Will is in fact is a part of the probate process Whereby Executors apply to the Court for a Grant of Probate, so they are able to administer your estate. This can often be a daunting and stressful process for family executors at the most difficult time in their lives, so most executors appoint a legal firm. But sometimes, due to free Will writing services, family members discover that a bank or firm of solicitors have already been appointed as Executors and ‘cannot be removed’? According to the Daily Telegraph back in 2011, the typical cost of probate for people with average value homes may be as high as £9,000? Visit: News Article: Banks and Solicitors overcharge for probate
Thankfully it is possible for your beneficiaries to completely the avoid huge costs and hassle associated with probate by placing your home and savings into a Probate Bypass Trust whilst you are still alive. The cost of the trust is often easily compensated by the money saved in probate fees. So, your beneficiaries have immediate access to their inheritance without the high costs and long delays of winding up your estate. Additionally, a Family Lifetime Trust prevents your bloodline losing their inheritance if a widowed parent remarries and dies first. It can also safeguard children's inheritance against divorce claims, creditors and means testing for benefits long after your demise. <Read More
Your Equity Legal Will, Probate Bypass Trust and Lasting Power of Attorneys are probably the most important documents you possess. It is therefore important to keep them safe from loss, destruction by fire etc. or theft. Equity Legal partner KCT (Kings Court Trust), one of the UK’s leading probate specialists that enable us to provide a professional Will storage service for your lifetime ‘free of charge’ for your legal documents including a unique certificated reference number and card for your executors. KCT also offer a very competitive probate service when you die. This includes visiting your executors at their home for an initial consultation without charge or obligation. Their local account managers are based throughout the country and work outside working hours if required. KCT also provide a competitive fixed fee quotation immediately and Executors are given a web portal that displays a progress chart of all the different tasks being completed. Thankfully, beneficiaries can then be up dated at any time, 24/7. Your Executors are also allocated a dedicated case manager that can be contacted directly. Remarkably executors are not obliged to use Kings Court at all although there is a small administration charge if legal documents are taken out of storage, presently £7.50 although refunded when documents are replaced. Visit: keep your will safe
When your signed documents are returned to Equity Legal for storage, we also place your Wills on the ‘National Wills Register’ saving £30 per Will. The National Wills Register is a vital service if the location of your original Will is unavailable at time of death and is the first port of call for most legal professionals searching for a missing Will. This essential service includes a website that only reveals the location of where your Will is stored, but essentially does not reveal the contents of your Will. We also provide you with a certificate and unique reference code. Visit: National Wills Register