Executries

We understand that the death of someone close can be a stressful and emotional situation. In such situation, our executry solicitors can help you through the process of winding up an estate, ensuring every detail is dealt with swiftly and effectively. We offer a full executry administration service.

When someone dies and leaves assets, these will require to be ingathered in accordance with the terms of a Will or in the event that there is no Will in accordance with the prevailing and applicable Laws. We are able to provide full management of the winding up of an estate. Our experience in this field can greatly relieve stress felt by the family at these difficult times.br>

Some of the steps involved in executry process are as follows:

• Verify that the arrangements have been made for the funeral
• Obtain copies of the Death Certificate
• Identify executors and obtain acceptance if there is no Will
• Determine the deceased’s assets
• Notify financial institutes such as banks of the Death, and request documents associated with a valuation of the deceased’s assets
• If value of the estate is above the Inheritance Tax limits, ensure appropriate tax is paid
• Arrange payment of debts and final taxes associated with the estate
• Distribute Will to the beneficiaries
• Draw up estate accounts and send notification to all residuary beneficiaries
• Close executor’s account and complete the process of administration