Importance of Grant Probate UK – Who Need It
When a person passes away in the UK, their estate, including money, property, and possessions, must be legally managed and distributed. This process often requires obtaining a Grant of Probate, a legal document that authorises the executor to administer the deceased’s estate according to their will. A Grant probate UK is essential for ensuring that an estate is settled correctly and lawfully. Financial institutions, such as banks and insurance companies, typically require this document before releasing funds to beneficiaries. Without probate, the executor may struggle to access assets, leading to delays and complications in distributing the estate. Probate helps prevent fraudulent claims and ensures debts, taxes, and inheritance issues are properly resolved.