Supporting you through a difficult time
Dealing with a loved one’s estate can feel overwhelming. At bk plus, our specialist Probate & Estate Administration team is here to guide you through the process with professionalism, clarity and sensitivity. We’ll handle the legal, tax and administrative requirements, so you can focus on what matters most.
How we can help
- Preparing and submitting probate applications
- Compiling and submitting Inheritance Tax accounts to HMRC
- Administering the estate, including dealing with property, investments, bank accounts and personal belongings
- Advising on the tax implications of asset sales
- Managing any income and capital gains tax liabilities that arise within the estate
- Ensuring distributions are made accurately and in line with the will or intestacy rules
Friendly, Impartial, Informed
At bk plus, we’re more than just advisors; we’re your partners in financial strategy. Our approach is to immerse ourselves in the nuances of your business, ensuring we understand your objectives, challenges, and opportunities. As an extension of your team, we provide unbiased, expert advice, empowering you to make informed financial decisions that drive your business forward.
FAQs
At bk plus, we’re more than just advisors; we’re your partners in financial strategy. Our approach is to immerse ourselves in the nuances of your business, ensuring we understand your objectives, challenges, and opportunities. As an extension of your team, we provide unbiased, expert advice, empowering you to make informed financial decisions that drive your business forward.
When someone passes away, their estate needs to be properly valued, legal authority obtained, and obligations met before anything can be distributed. We guide you through this step by step:
Valuation – reviewing all assets and liabilities
Tax reporting – completing and filing inheritance tax returns
Court application – securing the Grant of Probate or Letters of Administration
Estate administration – collecting assets, settling debts, and liaising with institutions
Distribution – ensuring everything is shared in line with the will or intestacy law
Probate is the legal authority granted when there is a valid Will, allowing the Executors to deal with assets. Letters of Administration are needed when there is no Will, and a person (usually a close relative) is appointed to administer the estate under intestacy rules.
It depends on how straightforward the estate is. Simple estates with clear wills and few assets may be resolved in about 6–12 months. More complex cases—assets overseas, disputes, unclear wills—can take longer.
Not always. It depends on the value of the estate, what exemptions and reliefs apply (e.g. nil-rate band, spouse/civil partner relief), whether there are gifts, etc. Even if tax is not due, forms still need to be filed properly.
