Get UK Law Questions Answered by Verified Experts
Only small value estates do not require a grant of probate. This is where there is no property (eg. a home or interest in a home) and where the institutions where assets are held (eg. banks) allow for those assets to pass without a grant of probate being obtained. It will depend on the institutions policy.
As a general rule estates where the value is no more than £5000.00 is considered a small estate.
If there is a home to be transfered otherwise than by survivorship or monies greater than £5000 then the likelihood that a grant of probate will be required.
If this is useful please kindly click accept so that I may be rewarded for my time. It will be gratefully received and you will be free to ask follow up questions. Kind regards,