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The benefits of providing probate services

8th Jan 2019
Brought to you by
ACCA

World's most forward-thinking professional accountancy body.

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Have you found this content useful? Use the button above to save it to your profile.

Why probate is an exciting and rewarding new opportunity.

We are constantly being told that we need to think laterally as technology is taking over our traditional roles as accountants. Well, at long last, we have been provided with the ideal opportunity. The buzz word is ‘PROBATE’.

For years we have been assisting clients, executors and solicitors in complex situations relating to probate, but were unable to provide the complete service from start to finish. Well, now we can. The Legal Services Board has given regulatory approval to ACCA to authorise its members to do this, provided that they complete an intensive course of training and pass an examination to gain the necessary qualification.

True, it does mean going ‘back to school’, setting up a new separate business and devising new advertising strategies and targeting different markets.

It is also a challenge – but what a rewarding and exciting one. Who is better placed than accountants to provide this service? We deal with figures all day and are used to dealing with HMRC and supporting clients, shouldering the burden of dealing with bureaucracy, form filling, obtaining professional valuations, calculating tax liabilities, completing tax returns, preparing and finalising accounts.

It is a great opportunity to help in any way we can, directly with the bereaved, with other firms of accountants, with solicitors and anyone who needs assistance in this area. It is also a way to assist our existing clients, their friends and relatives at a time when they are at their most vulnerable, and to keep their trust.

And, although we can only provide non-contentious probate services, you will find that most solicitors are in the same boat and. If things get difficult, there are specialists out there to sort the contentious aspects and pass it back to be finished.

How to become authorised to provide probate services

Find out more now about probate registration.

ACCA has teamed up with Kaplan Altior to provide online training and assessment to allow you to become authorised to provide probate.  The next training sessions (6  x 2 hour sessions, 10am-12pm) will take place on 5, 7, 12, 14, 19 and 21 March with assessment on 4 April 2019. Find out more and register now.

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