Know this before Hiring a Probate Solicitor
If your loved one passes on, those who are left wonder if they had drafted a legally binding will and if they had done one, they still fret if the property they left will be inherited fairly and correctly. In many instances, various investors are advised to write a will of how they want their property shared or managed in case of their death. If you find yourself in such a situation of interpreting ones will, you can choose to do it by yourself or hire a skilled probate solicitor. The latter is the most appropriate option for anyone who is not a professional in the filed. However choosing the right probate solicitor can be very challenging especially if you are doing it for the first time. Here is quick scan of things to take into a consideration whenever you are consulting a probate solicitor.
The first step is knowing the law company that assisted the deceased write and store the will. You can either hire the same company or contact another one. Here you should consider the policies of the company which stored the will and see whether you like them.
The other step is getting the quotation of the probate solicitor. This is very important since some companies are reluctant to give the actual fees for the whole exercise before them actually whole nature of the matter. They may keep change the initial quotation once they realize that the matter is complex while some may hike the fee in the process because of sheer greed and desire to exploit their clients. It is important that you have a written quotation and an official agreement on the changes if there will be any just before the process begins.
The next thing to consider is the reputation of the firm. If you are not aware of any company that has excellent services, then it will advisable that you seek necessary guidance from friends and relatives who may have gone through the same.
Also note that if the estate includes an investment that you intend to sell then there will be another fee normally referred to as the conveyance charge. In most cases the solicitor whom you used to handle the probate should be the one that you hire to also take you through the conveyancing. With the above advice you can now competitively engage a professional solicitor.
Lastly consider the finances you have you for the services. If you are operating on a limited budget, it will be important that you go for a fixed price probate solicitors. This is because they are relatively cheaper compared to those who charge on an hourly basis since their charges are drawn based on a particular tax threshold.