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What are the current limits for Grant of Probate for Financial Services Firms?
If you are named as an Executor of the Will, then when that person dies it will be your duty to administer the Estate. You have probably already checked Government guidance or Settld's guidance on whether probate is required. But are you aware that each Financial Services firm will have a different minimum value for which they will ask you to apply for probate before they will release funds? Settld has provided a comprehensive list of the probate thresholds for the largest financial services firms below. Company Probate threshold abrdn £36,000 Access bank £50,000 Aegon [...]
Probate! What is it and when do I need to apply for it?
If you are named as an executor on a will, then when that person dies it will be your duty to administer the estate. The first step in administering an estate is usually to apply for probate. What is Probate?A Grant of Probate in England, Wales and Northern Ireland, (or a Grant Confirmation in Scotland) gives you the legal right to deal with the estate of someone who has died.To be granted probate you will need to apply to the Probate Office. They will post out the Grant of Probate after they have processed your application. This can take weeks [...]
Wear Business – Bereavement tech start-up set to scale
A tech start-up that eases the administrative burden left with bereaved families has set its sights on rapid expansion, after receiving support from a team of innovation experts...
Settld’s star on the rise with awards and wins
Settld's Star is on the Rise SETTLD's star is rising as it wins a string of accolades and awards in recent days, proving that the young startup business is already making a major difference to people’s lives nationwide. Settld was selected as a Northern Star - one of the top nine most exciting startups at the Northern Tech Awards which celebrate the best technology companies in the north of England, Scotland and Northern Ireland. Headquartered in the North East of England, Settld was also highlighted by the judges in the inaugural Go Further Investment Index as one of the [...]