15th September 2017

Executorship – Could you do it?

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 […]

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29th May 2017

Information that an executor will need to collect

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 […]

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10th April 2017

Removing Unwanted Executors

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 […]

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3rd April 2017

What is a Grant of Representation?

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 […]

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