<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1223437568524110&amp;ev=PageView&amp;noscript=1">

What is a professional Executor?

on 30-Oct-2023 16:11:27 By | Nigel Merchant |
When creating your Will, you will be faced with the decision of who to name as your Executor(s). This blog will provide an overview of the role, the options available, and what to consider when appointing an Executor.
Read More

What is a codicil?

on 17-Oct-2023 11:24:52 By | Nigel Merchant |
A codicil is a legal document that’s used to modify, add to, or revoke certain provisions of an existing Will. Instead of spending time and money writing an entirely new Will, a person can use a codicil to make minor changes or updates.
Read More

What are the duties of an Executor of a Will?

on 01-Oct-2023 22:00:00 By | Nigel Merchant |
In the UK, the Executor of a Will is responsible for managing the estate of a deceased person, paying any debts and taxes, and distributing the remaining assets according to the terms of the Will. The specific duties of an Executor may include:
Read More

How difficult is it to do probate yourself?

on 01-Oct-2023 22:00:00 By | Nigel Merchant |
Probate refers to the process of obtaining a Grant of Probate, which is a legal document that an Executor may have to obtain in order to administer the estate of someone who has passed away. Many choose to instruct a professional to apply for probate on their behalf, as it is a complicated process that involves a lot of paperwork and legal knowledge.
Read More

Can probate fees be paid from the estate?

on 01-Oct-2023 22:00:00 By | Charlotte Toogood |
When dealing with the death of a loved one, many Executors find themselves worrying about the costs of administering the estate and how fees can be paid. Acting as an Executor or Administrator is not a paid role, and it’s common to feel concerned that it may leave you out of pocket. In this blog, we’ll cover what probate is and whether probate (and other fees) can be paid out of the estate.
Read More

What is an excepted estate?

on 28-Sep-2023 09:04:41 By | Nigel Merchant |
Probate refers to the process of applying for a Grant of Probate(when there is a Will) or Letters of Administration (when there is no Will), which are legal documents that the person dealing with the estate may be required to obtain. If required, the Grant of Representation (the umbrella term for both documents) gives this individual the legal right to proceed with estate administration, which is the entire process of dealing with the assets and liabilities of someone who has died and then distributing their estate to the beneficiaries.
Read More

When is probate required? An overview of UK financial institution thresholds

on 31-Aug-2023 09:24:00 By | Charlotte Toogood |
When someone passes away, probate may be required before their assets can be dealt with. This blog discusses what probate is, when it's required, and the probate thresholds of some UK financial institutions.
Read More

What is a Personal Representative?

on 29-Aug-2023 12:16:30 By | Nigel Merchant |
The term Personal Representative might sound daunting, especially if you’re navigating the complex process of estate administration for the first time. A Personal Representative is responsible for the administration of a deceased person's estate; they are liable for various legal and financial tasks that ensure the smooth transition of assets to the beneficiaries.
Read More

Why it’s beneficial to use a professional estate administration provider

on 14-Aug-2023 14:41:39 By | Nigel Merchant |
When you’re faced with the responsibility of being named as an Executor in a Will, there are many things to consider. The tasks included in the role can be time-consuming and involve complex legal jargon, which can prove overwhelming during the difficult time of losing someone. Whilst an Executor is required to deal with the estate, help is available, and they have the option of instructing a professional provider. In this blog, we will provide an overview of the Executor role and why it can be beneficial to seek professional support.
Read More