Probate made simple
This detailed explainer video provides a professional and methodical guide to the entire probate process, designed specifically for executors and individuals seeking a thorough understanding of their legal and financial duties. Presented by a Chartered Accountant authorised for non-contentious probate, the video systematically breaks down the journey into six distinct stages, covering everything from the initial actions of validating the will and planning your approach, to the meticulous tasks of listing, valuing, and documenting all estate assets and liabilities according to HMRC guidelines. We will guide you through the requirements for completing key forms, such as the IHT400 for Inheritance Tax, settling any tax due, and making the formal application for the Grant of Probate, before moving on to the final stages of liquidating assets, paying creditors in the correct legal order, and preparing the final estate accounts for approval and distribution to the beneficiaries.