What is an Executor? An Executor is the person or people appointed by a Will to deal with the affairs of the deceased. Duties and responsibilities of Executors As an Executor, you are responsible for identifying all assets and liabilities held by the deceased. With this information, you must then complete the relevant inheritance tax […]
Collating financial information when someone dies It is the executor’s responsibility to collate all information relating to the deceased’s person’s asset and liabilities. If the deceased left property, a large amount of cash or investments then the executor will need to apply for a Grant of Probate. This will provide the executor with the necessary […]
The role of the executor is chiefly to oversee the estate administration, account for all assets, pay all taxes and liabilities, and ensure that the estate is distributed in accordance with the wishes of the beneficiaries as efficiently as they can. However, some beneficiaries may grow suspicious of the estate’s executor. They may feel unfairly […]
Many people are familiar with the idea of the administration or probate process; however, most do not actually know what a Grant of Representation is, or that there are different types. Ultimately, the Grant of Representation is a document sealed and issued by the Court, which provides the Executors or Administrators of an estate with […]
An important announcement from SWW Trust Corporation
We are monitoring the COVID-19 situation closely. The welfare of our staff and customers are our main priority. Our offices are now closed, however we remain fully operational during this time. We’re contactable through the usual contact details.