Probate & Estates
On death, the executors named in the Will of the deceased (or the chosen administrators where there is no Will) are responsible for dealing with the administration of the estate, which includes implementing the provisions of the Will. In most cases it is necessary to obtain a grant of representation to formalise the appointment of the executors.The role of executor can include registering the death, organising the funeral, ascertaining details of the deceased’s assets and liabilities, calculating and settling all tax liabilities (including the preparation and submission of inheritance tax forms), encasing and transferring assets and accounting to the beneficiaries.
Warners have considerable experience in this area and are more than happy to help to the extent required.
Latest news
- Farming Family in Intestacy Challenge The problems which can arise when there is an intestate estate that involves business assets were made clear recently when the High Court had to rule on a complex claim relating back to a death that occurred many years ago. At stake was a share in a farm, claimed by the children of a woman who died in 1993 without leaving a will. Her estate...
- Executor Who Stole From Estate Faces Prison An executor who stole more than £80,000 from the estate of a client faces a jail sentence for his crime. The man, who operated as a ‘will writer’, also faces a confiscation order against his assets. Much of the money was used to finance a luxury cruise for him and his wife and for gambling...
- Informal Arrangement Argument Rejected by Court One of the more contentious issues in the administration of estates arises when the deceased had remarried, leaving ‘old’ and ‘new’ families, which often take different views about how the estate should be divided....
