An executor is responsible for looking after your money, property and other assets after your death and carrying out the wishes in your Will.
You can appoint relatives, friends or professionals (such as solicitors), or a mixture, up to a maximum of four. A beneficiary of your Will, such as your spouse, can act in this role and may be the only executor, if appropriate. At least one substitute executor should be included. If your estate is to be held in trust for young or vulnerable beneficiaries, it is good practice for there to be at least two executors who can act together.
If you cannot find a Will in any of the paperwork at the property, you should speak to other family …
Read more Wills & ProbateYou need to make a statement saying why you think the Will should be written as you suggest. The Court …
Read more Wills & ProbateOur clients ask us for help for a number of different reasons including: They are too busy to get a …
Read more Wills & ProbateNot necessarily. When we receive your Will instructions, we will look at your age and circumstances, and we will write …
Read more Wills & ProbateTypically there are three stages to the process: Collecting the information and preparing the detailed list of assets, liabilities and …
Read more Wills & ProbateUnlike an intestacy, where children must take their inheritance at 18, if you make a Will you can specify at …
Read more Wills & ProbateProbate is the process of proving that a Will is valid and confirming the Executor’s authority to administer the estate …
Read more Wills & ProbateInheritance tax is charged at the rate of 40% on the value of your estate above the allowances available. The …
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