The role of Executor involves collecting in all your assets, paying off your debts, and distributing your estate in accordance with your wishes. It’s a time consuming role that is a considerable responsbility, so you and your Executor(s) should be realistic about the potential challenges of the role.

Our attention is sometimes caught by media reports of manipulative individuals taking advantage of older or vulnerable people for financial gain.
This might be by convincing the person to change their Will, or set up a Lasting Power of Attorney (LPA) in respect of Property and Financial Affairs, in their favour.

When we become too ill to speak for ourselves we are said to have ‘lost capacity’. Necessary decisions about treatment and care will be made by medical professionals, deciding what is in our best interests and acting accordingly. For your voice to be heard, an appropriate person will have to make an application to become your Health and Welfare Deputy.

The planned increase to Probate Fees has not yet happened – though it’s still likely that it will. What can you do to assist your Executors, who will have to pay the fee when they apply for the Grant of Probate? We can advise you. Book an appointment with us to ensure your estate is prepared.