April 18, 2018
When someone passes away, financial institutions are unlikely to release any assets in the Estate belonging to the Deceased (money, property and possessions) without a “Grant of Probate” (if they left a Will) or “Grant of Letters of Administration” (if they died Intestate, meaning without a Will). A Grant may not be required by financial institutions if the value of the Deceased’s Estate is fairly modest, however will always be required where there is a property.