UnaVida | What is a Grant of Representation?

What is a Grant of Representation?

What is a Grant of Representation ? The Grant of Representation is a court-issued document , which proves the executors’ entitlement to deal with the administration of the deceased estate. This could be by way of :

A Grant of Probate

Letters of Administration or a Certificate of Confirmation (Scotland).

Grants of representation issued by a Commonwealth country must be resealed by our High Court of Justice.

In our opinion it is essential to ensure that you consider doing the following:

Set up a new bank account (Mr or Mrs Deceased) and transfer all existing accounts into this and an monies you receive before distribution, so you have a complete audit trail.

Do keep the beneficiaries informed of your progress.

Never accept a verbal confirmation of anything – always obtain or draft a letter to confirm what was agreed and why.

Keep your records in good order.

Registered in England and Wales. Registered Number 5553273.
Registered Address: 8f Millars Brook, Molly Millars Lane, Wokingham, Berkshire, RG41 2AD.

A pension is a long-term investment that typically cannot be accessed until age 55 (57 from April 2028). The level of pension benefits offered could change depending on the value of your investments (and any income they may generate).

The interest rates in effect at the time you begin receiving benefits may also have an impact on your pension income. The tax consequences of pension withdrawals will depend on your unique situation. In later Finance Acts, tax rates, tax bases, and tax relief may change.

The opinions expressed by Ray Best are meant to inform and educate. Before making any investment decisions always take advice that is pertinent to your investment personality and financial situation.

You are aware that past performance will not necessarily be repeated in the future, but you should be aware that persistent poor performance invariably will.

The value of an investment and the income from it could go down as well as up.

The return at the end of the investment period is not guaranteed and you may get back less than you originally invested.

UnaVida Wealth Management Ltd. is directly authorised and regulated by the Financial Conduct Authority (440577).

The guidance in this website is primarily aimed at a UK audience and is subject to regulation by the Financial Conduct Authority (FCA).

The Financial Conduct Authority does not regulate tax planning, estate planning, or wills and any form of legal documentation.