After a death, the estate’s executor or administrator has the job of winding up the deceased’s affairs. We take a look at what happens if they fail to carry out their role. The task of administering an estate can be time-consuming and is often complex. Where an executor or administrator is not coping with the
What can I do if an executor is not properly administering an estate? Read More »
The executor to an estate has the job of winding up someone’s affairs after their death. It is a job that involves both responsibility and personal financial risk. After someone has died, their executor, named in their Will, has the role of administering their estate and ensuring that the beneficiaries receive everything to which they
Personal risks in being an executor Read More »
Having a Will in place gives most people great peace of mind, but it is important to review the document from time to time to ensure that it still reflects your wishes. You may decide that you want to distribute your estate in a different way or appoint someone else to act as your executor
When is the right time to update your Will? Read More »
Probate fees increased in January 2022 to a single flat rate of £273 for all applicants. This replaces a system that had two different fees, namely £215 for individuals applying for probate themselves and the reduced fee of £155 payable by probate professionals. This scheme encouraged the use of professionals to carry out the often
What does the increase in probate fees mean for executors? Read More »
After a death, the deceased’s executor or administrator has the job of winding up the estate. Once this has been done, they are required to provide a final estate account, setting out all of the assets, income, liabilities and expenses as well as the amount that is payable to the beneficiaries. Administering an estate involves
What do I need to include in estate accounts? Read More »
A Lasting Power of Attorney or LPA is a document that gives legal authority to someone to deal with your affairs on your behalf, should you ever be unable to do this yourself. It is recommended that everyone consider putting one in place so that, should anything happen, your loved ones have the reassurance of
How long does an LPA last? Read More »
Some estates are excepted from the need to pay Inheritance Tax. In January 2022, the rules surrounding this changed, with the aim of simplifying the Inheritance Tax process. From January 2022, it is no longer necessary to complete Inheritance Tax form 205 if an estate is exempt from Inheritance Tax. Previous regulations It used to
New rules for excepted estates Read More »
The Inheritance (Provision for Family and Dependants) Act 1975 allows certain individuals to bring a claim for financial support against the estate of someone who has died. Where someone was being maintained by the deceased before their death and that person has not been left anything in the Will or they consider that they need
Inheritance Act claims Read More »
Dealing with someone’s estate after their death can involve a number of different terms. Below are some of the most commonly used words and phrases to help explain the probate and administration process. Administrator – deals with the winding up of the estate of someone who died without leaving a Will. This is generally a
Probate and estate administration – a glossary of terms Read More »
Pembroke Will Writers have moved office! But don\’t worry, we\’ve not gone far. We\’ve just moved 10 doors down… You can find us now at 133 Watling Street. Everything else you know and love about Pembroke Will Writers remains the same. Same contact telephone number and email, same friendly faces, same fantastic service. Rob and