With or without the help of a professional, you have full freedom to submit an application for probate NSW. Around 70% of people in the country use this service, but since the recession period, this percentage has decreased. So if you decide to apply for probate alone, then here we have provided you with the procedure on how to apply for a grant of probate.
Check if you need to apply:
Applying for probate is not a necessity for all, especially when all the assets were held jointly or if the entire value of the estate is less than £5000. So if it is the case, then there is no need to apply for probate. But if you are not sure, then it would be helpful for you to contact financial institutions.
Check who should apply:
Two persons can apply for probate. Either an executor or the deceased personal representative is allowed to apply for probate. And when it comes to talking about the executors, there are further up to 4 named executors who are allowed to make a probate application. And if there is someone under the age of 18 who is not allowed to make legal decisions, an adult is allowed to make the application on his behalf.
Value the estate:
In order to complete the application forms and evaluate whether the inheritance will be allocated or not, it is necessary to value the estate. For this purpose, it is essential to make a list of the deceased’s assets. It will include everything such as property, money, investments, pensions, personal chalets, and any other assets that are gifted around seven years before his death.
Prepare the application:
Once you complete the process of valuing the estate, now you have to fill the form for making an application. It should be completed and then forward along with fees of the registry and required documents. If you are unable to prepare the application on your own, you can hire a probate lawyer for this job.
Attend the interview at the probate registry:
Once you complete the process of making an application, you will be called for an appointment for an interview at the probate registry. You have to attend the interview and need to confirm the information that you have given to them and then swear to the oath.
Application for Probate NSW:
This is the legal way to make an application for probate NSW. After the interview, you will get a grant of representation. For more information visit our Website.