When Is Probate Not Required in the UK?

When Is Probate Not Required?

Probate is not always required when someone dies, depending on the type and value of their assets. Generally, probate is not needed if:

1. Assets Were Owned Jointly

If the deceased owned property, bank accounts, or investments jointly with a spouse or partner, those assets usually pass to the surviving owner automatically under the right of survivorship.

✅ Examples where probate is not required:

• A joint bank account (funds transfer to the surviving account holder).
• A property owned as joint tenants (ownership automatically transfers).

⚠ Exception: If property was owned as tenants in common, probate may be needed.

2. The Estate Is Low Value

Many banks and financial institutions set a probate threshold (typically between £5,000 and £50,000). If the total value of the deceased’s assets is below this threshold, probate may not be required.

✅ Probate may not be needed if:

• The deceased’s bank accounts hold only a small amount of money.
• There are no significant assets (such as property or investments).

⚠ Thresholds vary by bank, so it’s best to check with each financial institution.

3. The Deceased Had Only Pension or Life Insurance Payouts

If the deceased had a pension or life insurance policy with a nominated beneficiary, the funds are usually paid directly to that person, bypassing probate.

4. The Estate Consists Only of Personal Belongings

If the deceased had no property, investments, or significant bank savings—only personal items like furniture, clothing, or jewellery—probate is usually unnecessary.

5. A Grant of Probate Alternative Is Accepted

Some institutions may accept a small estates declaration or indemnity form instead of requiring probate, particularly for low-value assets.

When Is Probate Required?

Probate is needed if:

• The deceased owned property solely in their name.
• The estate value is above the financial institution’s probate threshold.
• There are shares, investments, or significant savings in the deceased’s name.
• The estate is complex or contested.

How Fraser Bond Can Help

If you’re unsure whether probate is needed, Fraser Bond’s experts can assist with probate valuations, estate administration, and property sales. We help streamline the process, ensuring assets are handled correctly.

Need Probate Advice? Contact Fraser Bond Today

Get expert guidance on whether probate is required and how to manage an estate efficiently. Speak to Fraser Bond’s specialists for tailored support.