Table of Contents You’ve been named as an Executor: what does this mean? If you’ve been named as an Executor in someone’s Will, you are responsible for handling that person’s affairs when they die. You will be required to carry out the instructions in their Will and take care of all the legal and financial […]
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The Benefits of Appointing a Professional Executor Table of Contents When taking on the role of an Executor, many individuals underestimate the complexities and responsibilities involved in managing an estate. This lack of awareness can lead to significant financial and emotional challenges, as demonstrated in the following case study. An Executor sought assistance from Kings
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Wife of PC locked in a coma fights in the court to let him go After 22 years of marriage Mrs Briggs finds herself making the last act of love to her husband Paul Briggs.Mr Briggs a police officer had been in a coma for 18 months after her was knocked off his motor bike.He
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Table of Contents https://youtu.be/pazvL1HGj_s Probate and estate administration are related processes that deal with the distribution of a deceased person’s assets, but they are not the same. Here’s an overview of the differences between the two: 1. Probate Definition: Probate is the legal process through which a deceased person’s will is validated by a court.
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Increased Grant applications cause delays Delays to Grant of Probate applications in England and Wales continue. A recent STEP article reports that 23,572 applications were received by HM Courts and Tribunals Service (HMCTS) in January 2022. This is an increase of 5,297 (29%) on the 18,275 applications received in December 2021 for probate. The article
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Our latest informative blog is authored by Jim Sisson, Chief Financial Officer at Tower Street Finance. When someone dies, the beneficiaries may want to make improvements to the property to increase its value and their inheritance. This begs the question – can improvements or upgrades be made to a property during the estate administration process? In our latest blog,
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