Wednesday 16 December 2015
What does it mean to be an executor of a Will?
An executor is a person appointed in a Will to undertake the sorting out of an individual's money and property after they have passed away.
The duties of an executor are extensive and do not end until all the debts have been paid and the deceased's assets have been distributed in accordance with the terms of the Will. If debts are not paid or the estate is incorrectly distributed, an executor can be held personally liable for this, whch is often why executors appoint solicitors to assist them with the estate administration.
Although there are costs for professional assistance, it can be worthwhile to ensure smooth and efficient handling of an estate by experts. People often feel an obligation to take on the role of executor, but it should not be entered into lightly. However, the right solicitor can help you work through the probate process and deal with everything properly.
Call Karen Perugini at Sampson Coward on 01722 410664.