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Probate

Probate means taking care of a dead person’s estate.

The probate involves:

  • valuing their property and other assets
  • paying any leftover debts and mortgages
  • paying Inheritance Tax (IHT) if the estate is over the IHT threshold (£325,000 in most cases)
  • distributing whatever is left of the deceased’s wealth to any beneficiaries as inheritance.

The executor of the will usually does the probate if the deceased left a will and named someone. Otherwise, the beneficiaries (often the family) can appoint a lawyer or another person to do the probate.

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