You usually need probate to deal with an estate if it includes property such as a flat or a house.
Otherwise, you may not need probate if:
- The estate is just made up of cash (that is, bank notes and coins) and personal possessions such as a car, furniture, and jewellery
- All the property in the estate is owned as beneficial joint tenants This property automatically becomes wholly owned by the other owner
- The deceased had a joint bank account
- The amount of money is small
- The executor discovers that the estate is insolvent, that is, there is not enough money in the estate to pay all the debts, taxes and expenses
- There are certain life insurance policies and pension benefits in the estate, for example, if they are written in trust.
- In the case of some small estates, probate may not be necessary, depending on the amount of assets held.
About the Ripe Group
The Ripe Group offers integrated accounting, tax and probate services to meet all your needs. Our approach is modern, transparent, and always tailored to you. The group consists of:
- Ripe LLP a Limited Liability Partnership incorporated in England & Wales, Registration number: OC327651.
- Ripe Ltd incorporated in England & Wales Registered number 06223811.
- Ripe Probate Ltd incorporated in England & Wales Registered number 13617749.
- Registered Office address: 9a Burroughs Gardens, London, NW4 4AU.
- Ripe Accountancy Services Private Ltd incorporated in India.
