Estate Administration
One of the most important decisions you will make in writing your Will is who to appoint as the executor of your estate.
What is an Executor?
Your executor will be responsible for administering your estate and ensuring your instructions are carried out and properly implemented. The administration of an estate places many responsibilities on an executor and it can be complex and time consuming. In most cases a specialist needs to get involved as it requires expertise in law, accounting, investment and taxation.
What can Trustees Executors do for me?
We can act as your executor or as a co-executor, providing invaluable professional support to a family member.
It makes sense for several reasons:
- You have the reassurance of knowing that your estate will be handled expertly and professionally in accordance with your wishes.
- We have an in-house team of specialists to take care of all legal, accounting, tax and administrative duties.
- You have the benefit of an impartial executor who is unaffected by family conflict and the high emotions that may occur at this time.
- You have appointed an organisation rather than an individual. It could be several years before your executor has to act for you. During this time the individual appointed may have died or become incapable of handling your affairs.
Our charges for estate administration are based on time and attendance, not a percentage of the estate's value. We will meet with your loved ones, to discuss the steps involved, any costs and ensure they are fully informed at all times. We provide a caring environment and the advice necessary to make this process as easy as possible.
No one knows how much time they have left, being organised and planning for the future is important. This can help make your estate easier and less costly to wind up and you can ensure those closest to you are relieved of some of the burden that goes with this responsibility.
