First dealings exemption: How it can save on probate fees

By Nicholas André ( October 31, 2024, 2:09 PM EDT) -- While not mandatory, if there is a will, third-party institutions such as banks or the land registry office, when dealing with real property, typically require that probate be obtained in order to deal with the assets of the estate. Probate is the often-dreaded process where an estate trustee receives a Certificate of Appointment of Estate Trustee, which confirms their authority to administer the estate....