They're some incidental questions.The estate is of a value that inheritance tax is payable, although not a very great amount. The business, if trading at the time of death, may get 100% relief from tax.The property probably won't get relief. It depends what's meant by property.If it's agricultural (but not equine,which may be eligible for business relief,though), for example, and not let, it may get relief of 100%.However, whatever it is there has to be valued and an account submitted with your estimate of what tax is payable, and the payment.The Revenue then graciously allows you to have probate before it comes back and asks for more money, based on its own guess !
Be prepared for the solicitor to say that the Revenue are causing delay in winding up the estate. That's a valid excuse in some cases. My mother, for example, died in December three years ago,leaving everything to me. Now, I have some practical and professional knowledge, am sole executor acting, and instructed the best solicitor in probate yet the estate is not yet wound up ! But, that said, 4 years is still excessive.It's certainly far,far, too long to resolve the claim of the godson and get him out of the picture, whether he wins or loses.A solicitor has no excuse for not keeping the executors informed of progress and the reasons for delays.