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Life Moments - Bereavement services

A guide to our Estate Administration Service

How our service works

Administering an Estate can be challenging and time-consuming. Our first priority is to protect the Estate’s Assets. We’ll make sure Beneficiaries receive what’s due to them from the Estate promptly and impartially.

What the process includes

A dedicated service at a difficult time

If there’s a Will in place we’ll contact the main Beneficiaries to explain the terms so there’s no misunderstanding about the way in which the Estate will be distributed.

If there’s no Will and we’ve been appointed as Administrator we’ll contact those who benefit under the rules of Intestacy.

We’ll collect all relevant paperwork, such as insurance policies and savings and loan records and explain how we deal with each issue. 

When the Administration is complete we’ll produce a set of accounts and send copies to the main Beneficiaries showing how we distributed the Assets and settled the liabilities and costs.

Reviewing the tax affairs of the person who had died and liasing with HM Revenue & Customs on behalf of the Estate.

 

Our Estate Administration Service guide (PDF, 2.27MB)

 

Sorting out tax

Working out the different taxes that need to be paid when someone dies can be complicated – but you can trust us to make it as simple as possible.

Sorting out the tax

Inheritance Tax

Current Inheritance Tax rules and reliefs may change in the future and will depend on individual circumstances.

Income Tax

A tax you pay on your income. You do not have to pay tax on all types of income.

Capital Gains Tax

Tax on the profit when you sell or dispose of an asset that's increased in value. It's the gain you make that's taxed.

Financial advice for Beneficiaries

If you’re a Beneficiary of an Estate, we may be able to offer financial advice to help you make the most of your inheritance – whether or not you’re currently a NatWest customer.

Our qualified advisers can help you decide how to make the most of your wealth and can offer guidance on investments, insurance, pensions and tax planning. 

Fees apply for this service, however we can arrange an initial, no-obligation meeting to understand if financial advice would be suitable for you, and to clearly explain the charges and fees that would apply.

Important information

Download the service fees, terms and conditions document below for full information regarding the estate administration service.

Get in touch to discuss your Will

By visiting a branch

To find out more, please speak to your local NatWest branch.

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By phone

Contact Hugh James Solicitors today on 029 2039 1019.

Frequently asked Questions

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