Financial institutions may decide whether probate is required on a case-by-case basis, or they might have a set threshold. Probate thresholds vary greatly from institution to institution, typically ranging between £5,000 and £50,000, and are set individually rather than by the government.
Kings Court Trust’s new blog provides an overview of these thresholds, as well as discussing:
- The definition of probate and related key terms
- When probate is required
- When probate may not be needed
- A brief overview of the probate process
Click here to read the full blog.
Kings Court Trust is an award-winning estate administration provider who takes care of the practicalities after death. If you have any questions about estate administration or how you can work in partnership with Kings Court Trust, call them on 0333 207 5470 or email partners@kctrust.co.uk.
