Can I administer the Estate myself?

Yes – It is possible to administer the Estate yourself, once you have obtained a Grant of Probate. However there may be several reasons why you should use a professional such as Capital Life. You must ensure that all the correct procedures are followed, you must value the Estate, complete the correct HMRC forms and ensure that all taxes and debts are paid, and you are also responsible for any distributions made to beneficiaries of the Estate. It is not an easy job at all, and as such many people prefer to use a professional company to ensure everything is done correctly.