How Does Probate Work When There Are Foreign Assets?

If someone you know has passed away and you have been left to deal with their estate, this can be a reasonably stressful experience. There are a number of different things you need to take into account when you deal with an estate, as you need to liquidate assets, pay off any liabilities that might be owed and then also ensure that the remaining assets are distributed to the correct beneficiaries. 





This whole process can be made even more complicated if some of the different assets that you need to deal with exist outside of the UK or if you live in another country and need to apply for probate within the United Kingdom. The rules and process will depend on the Estate and the whereabouts of the different listed assets. 


There is no escaping that applying for probate can be a daunting experience as it is just one process on top of a number of other processes involved when administering an estate. As such, it may be worth applying for the assistance of professionals so that you can feel a lot more comfortable throughout the whole process. 


Throughout this article, we will discuss in a bit more detail everything you need to do if you are dealing with probate, and the estate owner has foreign assets. 

Location: United Kingdom

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