Losing a loved one is a very stressful time and it can therefore be very helpful to have some legal guidance on the various steps involved in winding up an estate.
An executor is the person responsible to administer and wind up a person’s estate and if the role is unfamiliar it can be rather daunting depending on the circumstances and the extent of the person’s estate.
Various steps have to be gone through as part of dealing with someone’s affairs including gathering information on assets, communicating with utility companies, dealing with Council Tax and liaising with banks, building societies, mortgage companies etc.
Depending of the value of the person’s estate there may well be Inheritance Tax payable and appropriate tax returns have to be completed.
Our team are well aware of the sensitive nature of this work and we try to assist at each step and guide you through the process. We are able to deal with the whole administration process and keep you advised as matters progress.