If you accept the role of executor of an estate, you take on certain legal responsibilities. After the payment of estate debts, the primary obligation of an executor is the transfer of the assets of the deceased to the beneficiaries named in the Will. But what happens...Read More
One of the various roles of an Executor is to make sure that all estate debts are paid. In particular, an Executor needs to make sure any tax liability of the deceased during their lifetime or of their estate is accounted for. Keeping records of everything that might...Read More
If you are appointed as the executor of an estate, you have a number of duties cast upon you. They include: maximising the size of the estate for the beneficiaries; and preparing any necessary tax return or obtaining Income Tax Clearances. Estate administration...Read More
This is the eighth in our series of articles on the uncertainties of death. Myth – “I can make sure my ex has no contact with my children through a clause in my Will …. Right?” Wrong! Appointing a Guardian of your infant child doesn’t necessarily mean your child will...Read More
So you have made a Will but where exactly is it? In the top drawer? In the filing cabinet where all the “important documents” are kept? In a box in the shed since the last time you moved house? At the rubbish dump when it was accidentally disposed of in the clean up...Read More
