Funera’s Explanation of Probates: What You Need to Understand

Funera Defines Probates

What is Probate All About?

In essence, probate is a legal process to validate a deceased person's will and authorise the distribution of their estate. The court-issued approval is called a Grant of Probate when there is a will, or Letters of Administration when there is no will naming an executor.

Why Do You Need a Grant of Probate?

This legal approval provides the Executor or Administrator the legal right to act on behalf of the estate. It allows them to access assets, pay debts, and eventually distribute remaining property and finances to beneficiaries. Larger banks often require a Grant before releasing the deceased's funds.

Who Can Apply for Probate?

If there is a valid will, the nominated Executor applies for the Grant of Probate. In the absence of a will, the next of kin or closest living relative can petition to become Administrator and apply for Letters of Administration.

How Does Funera Sydney Help with Probate?

Our experienced team guides you through the entire application process. We assist in securing the correct forms, compiling asset inventories, submitting documents to court, and tracking progress until the Grant is issued, typically within 1-2 months.

When is Legal Advice Needed?

In complex cases of intestacy, disputed executors, or contesting the will, independent legal advice becomes prudent. Funera Sydney partners with estate attorneys to ensure Executors and Administrators fulfil all legal duties.

In essence, consider Funera Sydney your knowledgeable guide throughout the estate administration journey, including demystifying the probate process. Our goal is to simplify legal complexities, ensuring a thoughtful transition for your loved one's legacy. Please visit Funera Website to learn more about our comprehensive funeral and estate administration services.