Understanding complex estates

Dealing with the loss of a loved one is never easy, and when the estate they’ve left behind is complex, the probate process can feel especially overwhelming. But what exactly makes an estate “complex”? 

A complex estate might involve a blended family, vulnerable beneficiaries (such as young children or those with disabilities), or a large portfolio of assets, which may include property, shares, or overseas interests. Some estates, such as farms, may be asset-rich but cash-poor, making it necessary to sell off assets to release funds for inheritance or other tax liabilities. These factors often introduce legal, financial, and emotional challenges that need careful, experienced handling. 

Common hurdles 

One of the biggest challenges is managing expectations among beneficiaries, especially where family dynamics are strained. Tax planning can also become more intricate with larger or international estates. Identifying all assets, particularly if records are incomplete or a will is missing, can cause delays. In some cases, disputes may arise that require mediation or legal resolution.  

Top tips for navigating complex estates  

1. Locate the will early. This helps clarify the deceased’s wishes and can avoid unnecessary conflict. 
2. Get professional advice. In complex cases, having the right legal and financial support from the outset can save time and cost later. 
3. Communicate clearly. Keep beneficiaries informed throughout to manage expectations and reduce misunderstandings. 
4. Be realistic about timelines. Complex estates often take longer to administer. It’s important to allow for this. 

Complex probate can be challenging, but with calm, careful guidance, it’s possible to navigate even the most complicated estates. If you think you may be dealing with a complex estate, don’t hesitate to speak to a member of Lodders’ expert Probate or Dispute Resolution team – we can support you through the process.