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brenda123 | 22:41 Thu 31st Aug 2006 | Business & Finance
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how much money do you have to have befor it goes to probate
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It's not a question of how much in the main but where it is.

If it's cash and personal possessions then you don't need probate - but you may still need to inform the Inland Revenue.

If it's in a bank or stocks and shares, then each organisation has its own idea of how much it will pay out without probate - some are fairly generous, others can be very awkward even with very small sums. If it's a house, it depends on how it was owned and who it's going to.

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