Legal Essentials: Probate Lawyers

Probate Lawyers

Legal Essentials specialises in Probates and Probate Applications.

What is a Probate?

assisting families with Probate wills Probate is an approved by the Supreme Court of Victoria, which certifies that everything appears in order with the Will and that the Executor can continue with their job.  The Probate is a stamped, sealed certificate from the court.

Is Probate always needed?

No.
The companies or organisations who hold assets in the deceased's name determine whether or not they require you to give them a copy of the Probate before they release those assets.  Usually, they will require Probate where the assets are over a certain dollar value, as a measure of protection for themselves.

It is worth noting that Probate is almost always needed to transfer property, unless the property was owned as joint tenants or joint proprietors.

How do you get Probate?

Obtaining Probate is usually a fiddly & time consuming process which most people seek the assistance of a lawyer for.

It involves preparing an application to the Supreme Court which sets out many details about the deceased, the Executor, the Will and the assets of the deceased. It also requires certain searches to be performed & an advertisement to be placed notifying of the intention to apply for Probate. Accurate research must be done to collect all the information required for the application, and the application must be prepared strictly in accordance with the rules of the Supreme Court, who then assess it & send out the approved Probate. If the Court has any questions regarding the application, these need to be dealt with before the Probate is issued.

Why do I need a Lawyer?

Many people we see start out trying to do this process on their own, but end up overwhelmed and needing assistance.
Some of the reasons you will find a lawyer helpful are:
  • It takes a lot of time to prepare a Probate Application. There are usually many different matters to follow up at once & a great deal of information to collect. Most people simply do not have the time or energy to do this.
  • The rules regarding Probate Applications can be quite particular & the lay person can find it quite difficult to comply with them all.
  • The role of Executor is a taxing one that usually involves dealing with the family & often the personal possessions of the deceased, and all at a time when you may be grieving.  Most Executors are extremely relieved to have assistance to take a great deal of the burden off their shoulders.

  • How long does it take to complete a successful Probate?

    Unfortunately, Probate is not a quick process.  It is not unusual for a grant of Probate to take some 3-6 months to complete.  While we endeavour to move things along quickly, some delays are inevitable.

    It is not uncommon for beneficiaries under a Will to expect to receive their entitlements fairly quickly, and to put pressure on Executors to move things faster. It is helpful at the outset for everyone to understand that this process takes quite a bit of time.

    How much does it cost to receive a Probate?

    There are two sets of fees in obtaining Probate.  There are 'disbursements' which will be the same regardless of whether you had a lawyer assisting you or not. They are the costs of Court charges for reviewing the Probate Application and the cost for advertising the application, and they come to about $320.00. The other costs are the professional legal fees. At Legal Essentials we charge $1750 ( inc GST) for a standard grant of Probate. This fee only varies if there are unusual circumstances which we would advise you about before incurring any costs.

    While some up front costs may be incurred by the Executor personally, these are all reimbursed from the Estate. In many cases when working with us, only the disbursements need to be paid up front, and the remainder is only paid once money is received from the estate.

    Why Legal Essentials is your answer to a smooth Probate?

    Legal Essentials is a boutique law firm that focuses exclusively on Estate Planning and related services including all types of Wills, including Business Wills ( also known as Buy-Sell Agreements), Enduring Powers of Attorney and Trust Documents, as well as managing deceased estates including Probate.
  • Probate Application assistance