Your executors are responsible for administering your estate after your death.
They will need to notify third parties, collect in details of the assets and liabilities in your estate, apply for a grant of probate, inform the beneficiaries of their entitlement, collect in your assets, settle any debts, taxes, legacies, funeral and administration expenses and distribute the remainder in accordance with your Will.
Your executors might be family members, trusted friends or even your business partners. Alternatively, you may wish to appoint a professional, such as a solicitor or accountant, to act.
Where you appoint non-professionals, there is nothing to prevent them seeking advice at the time. This may include help obtaining the grant of probate or assistance with the estate administration as a whole. For details of how Timbrell Law supports executors, click here.
