How long does a solicitor hold a will?

How long does a solicitor hold a will?

You should store the original will until after the death of the client, or until you are able to return the original to the client. Some firms keep wills indefinitely, while others have a policy of holding the original will for fifty years from the date of its creation.

Can a solicitor hold a will?

If a solicitor writes your will, they will usually store the original free of charge and give you a copy – but ask them to make sure. Most solicitors will also store a will they didn’t write, but there will probably be a fee.

Does probate take longer without a will?

The actual process of probate and estate administration is much the same, regardless of whether or not the deceased person left a Will. This means that there’s no real difference to the length of time it takes if someone dies having left a Will or dies ‘intestate’ (meaning they’ve died without a Will).

Why do solicitors hold money after probate and why?

There are two significant reasons why probate solicitors hold money for an extended period after probate. These reasons are estate complexity and legal issues. 1. Estate Complexity A Grant of Probate enables the executor to access the funds and bank account of the deceased. In simple state cases, the deceased may only have a single account.

Why is solicitor holding inheritance back for 6 months?

My father died in last year and we have been granted probate but the solicitor who is the co executor along with my sister will not release any monies to us until 6 months have passed to make sure no one comes out of the woodwork to claim against the estate. What happens to the money the solicitor is holding for those 6 months?

Can a solicitor still write a will for someone who has died?

If the deceased used a Solicitor or other professional to write their Will, it is possible that this professional would still be storing the Will for them. Get in touch with their Solicitor (or ring around multiple Solicitors if you’re unsure of who they used).

Who is the executor of a will after death?

The Executor is the person appointed in the Will to administer the Estate. The word ‘Estate’ means everything the deceased person owned at the time of their death, less any liabilities or debts.

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