Probate Manager

Sarfraz Group Ltd • Saint Albans, ENG, United Kingdom • 2d ago

Job Description

Role purpose

?Our Clientis looking for a an ambitious manager to join and complement the trust team within the Private Client group in a growing role. To take responsibility for a varied caseload of probate & estate administrations, to include taxable and non-taxable estates.

Key responsibilities

Ability to engage with Partners/Directors and clients by telephone, email and face-to-face meetings for initial scoping of work involved and continued progression as matter evolves
Preparation of all emails and letters requesting information to value assets and liabilities as at date of death, as required
Keeping the executors abreast of progress, with regular updates
Preparation of all relevant Inheritance Tax forms - a good understanding of relevant Inheritance Tax allowances to include the nil rate band and the transferable nil rate band. Experience in business relief and agricultural relief are also desirable but not essential
Dealing with the application to obtain a grant of probate
Liaising with HMRC, HMCTS and third parties, as required
Discussing with the executors who will be responsible for collecting in assets, paying liabilities and distributing the estate potential instructions for opening a designated client account & liaising with our in-house team
Maintenance and preparation of estate accounts
If applicable, preparation of estate tax returns and beneficiary statements R185 for the administration period and 60 Day UK Property CGT returns
Equipment used
Outlook, Excel and Word, CCH Practice Management System. Various other applications and digital accounts.
Experience required
A good understanding of the whole process of probate & estate administration
A working understanding of will validity and interpretation
Ability to handle estates that are often high in value and that include trust structures e.g. discretionary wills, nil rate band wills and life interest trust wills
Confident to take and exercise initiative to ensure responsibility for the completion of the estate administration
Experience of preparing more complex estate accounts desirable, but not necessary.