Published on: 23rd March 2017

Being an Executor

Carrying out the administration of a family member's or friend's estate, at a time where emotions are still raw, can be an onerous task. One needs to consider amongst other things:

• Tax receipts to HM Revenue & Customs
• Cancelling utilities (where invariably, each wants a death certificate and you only have a handful so the process is extended by an 'in and out' system)
• In some cases dealing with debtors
• Walking into banks and building societies to transfer funds or close accounts, but only after they have verified your ID in each institution which can be a very time consuming process
• The possibility of potential beneficiaries appearing after you have distributed the estate ~ Do you know who would be liable?

These are all things, that 'lay' executors (members of the public who do not carry out the administration of an estate in a professional capacity) have had to experience or have been caught out on. Some of our Clients have carried out the administration of an estate themselves. Many have remarked that it felt like an additional full time job for a year until it was completed. Other Clients have started the process, but quickly realised that they have not been able to commit the time and have phoned us for assistance. Casey & Associates firmly believes in sticking to one's specialism. As Will Writing and Estate Planning practitioners, the administration of an estate falls outside our remit. Therefore, for a number of years now, we have partnered with Kings Court Trust, who specialise solely in estate administration, so that jointly we can offer our Clients and their Executors assistance with estate administration.  

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