How Long is the Process?
Many probate applications are straightforward and incur little or no delay in processing. But where the deceased's estate is large with perhaps many investments or beneficiaries in other countries, the process will take much longer. In uncomplicated cases, a straightforward application could be six months, but safer to allow up to 12 months. The more complicated applications could take several years. Sometimes a backlog of applications in the Probate Office can contribute to the delays.
What is Involved?
Before your solicitor can submit an application for probate to the Probate Office, there is a whole process that must take place.
The size of the estate will be a factor. An estate with numerous assets, some of which may be outside Ireland, will take more time to gather the necessary information on which to keep or sell the assets in accordance with the wishes of the deceased. Any disputes over the assets will add time too.
Tax issues may be a factor, especially in large estates with assets that may require expert valuation.
The executors will work with the solicitor in dealing with issues and identifying assets. The fewer the beneficiaries, the easier it is, but the contrary is the case with many beneficiaries, and especially where there are some disgruntled beneficiaries with various issues concerning the Will or its execution.
Where a beneficiary (or a group of them) dispute the Will, this can lead to considerable delays and could result in their issues being resolved in court. This is where a challenge is made to a Will.
Executors are supposed to assist in gathering information and assisting the solicitor, but where an executor is slow or inefficient in dealing with issues, this adds time to the process.
Assuming there are no major issues to be resolved, the process can be as follows:
Starting the work: This involves checking the Will to ensure it has been properly executed and there are no problems with it. Listing the assets and liabilities and identifying who the beneficiaries are and obtaining their addresses. In straightforward Wills where there are no complications, this could be done in a matter of months. When the solicitor is happy that everything is in order, he/she can submit the application for a Grant of Probate. The Grant of Probate applies to where there is a Will and in cases where there is no Will they apply for a Grant of Administration Intestate.
Valuation of Assets: After the Grant of Probate has been given, the assets of the deceased are valued. From the proceeds of the sales (and from cash the deceased had) debts are paid which can include the solicitor’s fees, and then the assets (can be shares, property or cash) are distributed to the beneficiaries in accordance with the Will after any Inheritance tax is paid to the Revenue.
Closure: After distributing all the assets in accordance with the Will, paying off liabilities and concluding any issues, the estate can be closed.
While the time taken for the Grant of Probate can vary according to the details of the Will, an average time could be 12 – 18 months as a general rule.
Engaging a Solicitor
Probate work is an expertise of solicitors, and while an executor can do the work for processing a Will, it is better to engage a solicitor to avoid time delays and most especially if any issues arise. Solicitors are well used to dealing with Wills, whereas an executor would be new to issues arising, and this could add a considerable delay to the process.