More data has been released and the Ministry of Justice revealed that the applications for grants of probate have increased further in 2022 compared with 2021.
It would be interesting to know the reason for the increased number of applications. I suspect that one of the reasons could be because asset values have increased in recent years, meaning that an application is more likely.
In any event, it is important to take legal advice as an Executor of a Will to ensure that your duties as an Executor are dealt with properly and that you apply for a grant of probate if necessary.
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The information provided in this article is not intended to constitute professional advice and you should take full and comprehensive legal, accountancy or financial advice as appropriate on your individual circumstances by a fully qualified Solicitor, Accountant or Financial Advisor/Mortgage Broker before you embark on any course of action.
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