Probate and Estate Administration

Accountants are often best placed to deal with the financial aspects of probate and estate administration. We build lasting relationships with clients and clients’ families over a number of years and are trusted to carry out confidential work with precision.

As part of our professional, friendly and honest service, we can provide expert advice on estate administration, gifts, trusts, estate planning, inheritance tax, wills and more.

Recognised to assist clients with probate and estate administration matters

RDP Newmans is licensed by the Institute of Chartered Accountants in England and Wales to assist clients with all probate and estate administration matters.

The ICAEW license is widely regarded as the gold-standard of probate and estate-related qualifications, allowing us to extend our exceptional level of service to you when dealing with your estate, so that you know your affairs will be dealt with effectively in the future.

Common problems with probate and estate management that we can solve

  • You are worried about paying too much Inheritance Tax on death
  • You are worried about adding administrative burdens onto family members at a time of grief
  • You are concerned your family do not have the skills or time to deal with what will be a complicated estate following death
  • You are unhappy with the fees charged by solicitors and banks
  • You want the estate administration to be dealt with as quickly and efficiently as possible
  • You are concerned that a solicitor or bank will know nothing about your finances or history

Planning probate and estate administration

Planning what happens to the practical, legal and financial aspects of your life in advance of your passing is essential and can provide a much-needed sense of relief to you and your family.

Our team of experienced probate advisers are here to answer any questions you may have, in the most straightforward and sensitive manner possible.

Executorships

As licensed probate accountants, we are able to carry out a ‘full’ service other accountants cannot.

Inheritance Tax planning

Smart planning now can save you thousands later when it comes to inheritance tax (IHT). We will help soften the blow with our expert advice.

Estate planning and gifts

You have worked hard to earn a place to call home, so we pride ourselves in ensuring clients always get the most from their assets before and after passing. We can also advise on the use of gifts as a way to mitigate IHT.

Estate Administration

Sometimes you may need to prove exactly how much your estate is worth. In these situations, we can prepare accounts in accordance with HMRC rules to show exactly what assets have been left, detail any tax and creditors which need to be paid, manage bank accounts and liabilities, and distribute your estate to loved ones.

Creation, management and termination of trusts

Trusts are flexible and give the freedom to choose how and when your beneficiaries will receive the funds. We will set-up and oversee the entire process from start to finish.

Advice on the content of wills

Our tax planning team works closely with local solicitors to craft your will, so you can be confident knowing that your money, property and most prized possessions are going exactly where you want them to go.

Obtaining a grant of probate

We will administer a deceased’s estate either as executors or on behalf of family executors to make the hardest of times just a little more bearable.

Eldercare services

During later life, we can ensure that the risk attached to investments is minimalised and that the client can live a comfortable life while passing down his or her intended wealth. We can also look at what care options should be considered as well if a Lasting Power of Attorney is in place, should your health deteriorate quickly.

Succession / exit planning

As a business owner, you need to know that you have an effective exit plan in place. This could range from deciding how your shares are dealt with after your death, or looking at the key people who would take over the business. Our services also included business protection advice and business valuations.

Trusted advice, friendly service

We understand that planning ahead can sometimes be a delicate subject, but it makes sense to do so sooner rather than later to ensure that your wishes and those of your family are met.

If you would like to know more about our probate and administration services, please get in touch.

Back to Our Services

Need to ask about probate services?