Being an executor
An executor is legally responsible for administering an estate according to the wishes of the deceased’s Will, and is wholly liable for the accurate completion of all related legal and financial affairs.
This includes the paying of debts and taxes, settling any claims against the estate (which can be made for up to 12 years after someone has died) and ensuring that all beneficiaries receive their inheritance as directed by the Will.
It is a process that can take several months, involving a great deal of work and a significant level of care and attention. For this reason, you may wish to enlist the help of a third party, such as a solicitor, to assist you and to guarantee that no mistakes are made. If you find yourself in this situation, please contact us for advice.
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