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What does probate show?

(10 Posts)
thecraftyfox Wed 02-Mar-16 17:08:27

Hello.

I'm trying to check some possible financial shenanigans with the handling of a family members will. I know probate has been done and that I can order a copy of it. But what will it show? Does it says
X left all to Y except for her collection of pictures of monkeys in hats? Or does it show value of estate then the division
Eg £2500 in HSBC account and £40000 in Bank of Scotland plus 677 shares in BP then the division? I know I can get a copy but before I plonk down my £10s (copies needed for several people's wills) I just wondered what I can expect it to show.

Thansk for any help.

MrsSteptoe Wed 02-Mar-16 17:48:14

It shows the name and addressed of the deceased, and the date of death. It also shows the name and address of executors, and it shows the gross and net values of the estate.
HTH!

MrsSteptoe Wed 02-Mar-16 17:49:22

*perhaps I should have added at the end "nothing else, except for the date that probate was granted, and the signature of the probate officer. There's no breakdown, or mention of beneficiaries."

thecraftyfox Wed 02-Mar-16 19:05:13

Ah, that's useful as is. I know who the main beneficiaries are, it's the value of the estate that I'm querying.

MissBattleaxe Wed 02-Mar-16 19:11:21

Are you a beneficiary?

MrsSteptoe Wed 02-Mar-16 20:58:01

Ah, OK. It'll definitely tell you that, both gross (whole estate) and net (whole estate minus the deductible expenses like the funeral, unpaid bills left by the deceased etc.)

MissBattleaxe Wed 02-Mar-16 21:59:47

When I ordered a Grant of Probate recently it was just name of Probate holder and deceased details. No estate figures. There was also a copy of the will attached. Again, no estate figures.

MrsSteptoe Wed 02-Mar-16 23:05:00

Hmmm, wonder why yours was different, MissBattleaxe. Of course you don't have to answer this if you don't want to, but did the estate fall into the inheritance tax bracket? Perhaps that's the difference? I have a recent Grant to hand as I write, so the values are definitely on there.

MissBattleaxe Thu 03-Mar-16 00:19:58

No. No inheritance tax.

MrsSteptoe Thu 03-Mar-16 06:32:53

Ah. Possibly depends on size of estate.

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