Top 100 accountancy firm Grunberg & Co has been authorised to provide probate services to its clients.

Accountancy firms have only been able to offer probate services since 2014, with only a limited number of firms so far meeting the strict requirements of the Institute of Chartered Accountants in England and Wales (ICAEW) – the first non-legal probate regulator.

The probate accreditation allows Grunberg & Co to provide advice on the creation, management and termination of trusts and administer a deceased person’s estate either as executors or on behalf of family executors.

This new service complements the firm’s existing inheritance tax and estate planning services, providing clients with a service which meets all of their requirements, whether passing on the maximum amount of wealth to the next generation or more generally dealing with a person’s estate after death.

Peter McMahon, Tax Partner at Grunberg & Co will lead the new probate service at the firm based in Golders Green. He said: “We are really looking forward to offering this new service to both our existing and prospective clients, as it ties in well with our existing offering.

“We are one of only a handful of chartered accountancy practices in London to be authorised by the ICAEW to provide probate services and we  are pleased to have already started to provide this service to a few clients already.”

In the UK, only 300 out of a potential 12,500 firms have been accredited by the ICAEW to conduct probate work, placing Grunberg & Co amongst just 2.4 per cent of practices taking this innovative step.

If you would like to know more about Grunberg & Co’s range of probate services then please call 020 8458 0083 or visit https://www.grunberg.je-hosting.co.uk/