My Mum died a couple of weeks ago. She left a Will done up properly with solicitors only a few years ago and leaves behind my Dad who is nearly 90. She has left everything to him, and he in turn will leave everything to me, their only child. I am the executor on Mum's Will with Dad.
They own a house in joint names, most of their savings are in joint names (not sure if all of them are as havent looked yet). Mum has a current account in her name only with about 3k in it.
Please could you tell me if I am right in thinking that I dont need to rush to deal with financial/probate matters? I have sorted out the state pension. Also should all this be simple enough for me to do myself or should I pay a solicitor and how much is it likely to cost. I am horrified that Dad has already been approached by a company dealing with probate and it seems they charge 4% of the value of the estate!! He is too elderly to be bothered by pestering phone calls never mind dealing with them and I am going to call them tomorrow and tell them to get lost.
I didnt want to have to think about all this till after the memorial service but this call to dad has really upset me.
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Probate, please explain!
17 replies
SpringyReframed · 11/11/2013 23:37
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