Probate is a formal legal process which is usually required where the deceased has left assets over £5,000 probate is required before any assets can be distributed. It is not normally possible to access the deceased bank accounts (except to pay funeral bills and inheritance tax).
Obtaining probate is usually the responsibility of the executors of the will or the next kin if there’s no will. The person who applies for probate is then legally required to ensure that the deceased estate is dealt with correctly.
Part of the probate process is getting a market valuation. Please contact us and we can offer a free probate valuation at your convenience.