Probate, a legal process that involves reviewing the assets of a deceased individual, is essential for administering a will and appointing a representative to oversee the estate. During probate, various expenses are covered by the estate to ensure the proper administration of the deceased’s assets. While there is no specific list of expenses, certain guidelines dictate what can be covered by the estate based on the duties performed by the administrator.
Expenses Covered by the Estate During Probate
When an administrator is appointed for the estate, they are entitled to reimbursement for all reasonable expenses incurred while carrying out their duties. These expenses are covered by the estate funds, and the administrator is not expected to pay out of pocket. Some common expenses covered by the estate during probate include:
Hiring Professionals: Professionals hired to represent the estate, such as lawyers or accountants, are paid from the estate funds for their services.
Necessary Repairs: If repairs are needed to maintain or increase the value of a property within the estate, the expenses for such repairs are covered by the estate.
Gardening Expenses: Costs associated with maintaining a garden on the estate, including equipment and gardener fees, are covered by the estate during probate.
Transportation Costs: Expenses related to transportation for the administrator while serving the estate are reimbursed by the estate, subject to court approval.
Legal Fees: Legal fees incurred during probate, such as those for probate lawyers, are paid from the estate funds.
Funeral Costs: While the estate is not obligated to cover funeral expenses, they can choose to do so using estate funds.
Death Certificates: The expenses for obtaining death certificates are covered by the estate during probate.
Taxes: All taxes, including property, income, and estate taxes, must be paid by the estate during probate.
To claim reimbursement for these expenses, the administrator must submit a claim to the estate’s creditor with supporting documents like receipts and invoices. It is crucial to complete this process promptly to avoid delays. Seeking assistance from probate solicitors can help navigate any complexities and ensure the probate process is completed correctly and efficiently.
