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You
will never have to pay us, but you will authorise us to be
paid on your behalf.
The contract
we ask you to sign makes provision for us to be paid our fee
in the form of a percentage of your entitlement. This ensures
that we will only be paid if your claim is successful and
that our fees will always be in proportion to your share of
the inheritance - ensuring our fees cannot grow larger than
your part of the inheritance.
Personal
Debts
The administrator
will pay all debts from an estate before heirs receive
their share; this will naturally reduce the value of the
remaining assets. In the unlikely event that there are
more debts than assets, the estate is declared insolvent.
In such cases, you will not inherit any assets or debts,
and you will not have to pay us a fee.
Tax
Any tax
due on an estate is calculated by the administering solicitor,
ratified by the Collector of Taxes and paid before final distribution,
resulting in the money you receive being clear of all personal
taxes.
The Amount
of Money You Will Receive
The total
amount that any beneficiary is going to receive is dependent
on four main factors.
- The
probate law of the country in which the person has died
- The
number of beneficiaries involved
- Your
degree of relationship to the deceased person
- The
value of the estate after administration
As these
values are all variables and individually worked out for each
case, it is only possible to calculate the amount that any
one heir will receive just before distribution. For this reason
we cannot tell you how much you might receive until all our
research is complete and the estate's assets have been collected
and liabilities paid.
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