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Thomas
Thomas, Lawyer
Category: UK Law
Satisfied Customers: 7620
Experience:  BA (Hons), PgDip, Practising Solicitor
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If a will from a Husband leaves his assetts to his Wife - does

Resolved Question:

If a will from a Husband leaves his assetts to his Wife - does there need to be probate ?
Submitted: 6 years ago.
Category: UK Law
Expert:  Thomas replied 6 years ago.

Hi,

 

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.

 

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Kind regards,


Tom

 

 

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