Executors of a Will (sometimes referred to as an Executor of Will UK) are those who are bestowed with the responsibility of distributing the Estate in accordance with the Will of the deceased. In cases where there is a Will, the person in charge of responsibilities and liabilities is the Executor. However, in cases where there is no Will, such duties will usually be placed on the next of kin.
The duties of an Executor Will include administrative, tax and legal components. The end purpose is essentially to:
- Identify the assets of the Estate;
- Establish value of assets upon death; and
- Allocate and distribute legacies and pay debts accordingly.
If the Executor refrains from performing their responsibilities, then the relevant beneficiaries may assume the responsibilities. Executors of the Will are not always the traditional family members. As an Executor of Will, you take on a lot of responsibility and this may be difficult at a time of bereavement.
At Bloomsbury Law, we appreciate the importance of the role of an Executor of Will. We understand that it is a lot of responsibility during an already sensitive time. This is why we offer our expertise to those who are in need of legal advice. We will listen to your situation, answer any questions that you may have and address them accordingly once we are instructed.
What do I do next?
Contact us online or speak to one of our dedicated specialists on 0207 998 7777 for a free initial consultation. With our vast experience in the field, our bilingual speaking team will work with you to ensure this process runs as smooth as possible. All information you provide us with is treated with the utmost confidentiality.
We will contact you no later than the next working day to arrange a meeting at our offices in London W1 to advise on the agreement.