Losing a loved one is emotionally challenging, and settling their estate can be a complicated process. If you are the executor of their will, you are responsible for applying for a grant of probate. This legal process authorises you to handle the deceased’s estate and carry out their wishes according to their will. Unfortunately, this process can be confusing, stressful, and time-consuming, especially if you have no legal experience. That is why you need the help of skilled probate lawyers in Newcastle. Here are some essential tips to help you prepare an application for probate in NSW with their assistance.
Locate the will –
The first step is to find the will and ensure it is the most current one. You need to gather all original documents, including the death certificate, which the court requires to grant probate. If there is no will, you need to apply for letters of administration instead.
Get a copy of the will –
Once you have located the original will, it would be best to get a copy of it. Probate lawyers can help you get a copy of the will, which makes the process more comfortable, as the original might have to be produced in court.
Notify beneficiaries –
It would be best if you informed the beneficiaries of their status early in the process. Skilled lawyers can help you draft letters to notify the beneficiaries, which avoids confusion and disputes.
Obtain valuation of the estate –
These lawyers can help you get valuations of the assets and liabilities of the estate. This includes bank accounts, properties, shares, and other assets. Valuations help ensure a clear picture of the estate’s financial position.
Completing the probate application –
Probate lawyers can help you complete the probate application for probate in NSW, which is a legal document. They can review the form with you to ensure it is correct and answer your questions. Copies of all supporting documents, including wills and valuations, must accompany the application.
Applying for probate can be stressful, especially if you are overwhelmed by the legal process. It is essential to have the right legal support by consulting with probate lawyers in Newcastle. They can help reduce the stress of applying for probate, guide you through the entire process, and ensure that everything goes smoothly. By following these essential tips, you can prepare an application for probate in NSW with the help of skilled lawyers.