Posts from February 2021

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Why you need a Will for your business

Posted on 23rd February 2021
A valid Will makes it much easier for your executors to administer your estate when you die. Your friends and family will receive their inheritance as you intended, and people will be reassured that they understand your wishes. 
 
There are almost six million businesses in the UK, most of them ranging from sole traders to businesses with around 10 employees, but many people don’t put the same measures in place for their business. 
Man working on a lathe in a workshop
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How long will probate take?

Posted on 9th February 2021
Books and gavel on a white background
We’re told that waiting times for grants of probate have now been reduced to around five weeks. 
 
HM Courts & Tribunals Service (HMCTS) says that the number of grants issued each week is now higher than the number of applications being received. 
 
If you apply for probate online, an option that was introduced in November last year, you should only have to wait around four weeks. If there aren’t any errors or omissions in the application, it could even be handled in a week. 
 
If you submit the paper forms instead, you should receive your grant within eight weeks. 
 
However, this is just the beginning of the process of administering an estate on behalf of a friend or family member. 
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