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What are the current limits for Grant of Probate for Financial Services Firms?

If you are named as an Executor of the Will, then when that person dies it will be your duty to administer the Estate. You have probably already checked Government guidance or Settld's guidance on whether probate is required. But are you aware that each Financial Services firm will have a different minimum value for which they will ask you to apply for probate before they will release funds? Settld has provided a comprehensive list of the probate thresholds for the largest financial services firms below. Company Probate threshold abrdn £36,000 Access bank £50,000 Aegon [...]

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