As an Executor, you are legally responsible for carrying out the execution of the Will. We can help you.
An Executor is someone named in the Will who is legally responsible for carrying out the wishes of the deceased.
Legal & Contract Services Ltd pride themselves in offering a friendly, cost effective and professional service to assist and/or carry out Executor duties following a death.
Personable, Friendly Service
LCS takes time to get to know the needs of each customer. We can offer you expertise and experience in Will drafting and when needed a full Probate administration service. Our team provide all of our customers with an approachable and affordable service which is sensitive to your individual needs.
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Here at Legal & Contract Services Ltd we pride ourselves on being a well-connected and innovative team. We are well placed to help consult, recommend and facilitate services on a wide range of products.
Local, Experienced Staff
Our Head Office is based in Dawlish, Devon and we have fully trained representatives across many areas of the country.
An Executor is someone named in the Will who is legally responsible for carrying out the wishes of the deceased.
It is incorrect to consider that Executorship is a mere formality or a simple process.
As an Executor you are legally responsible for:
- You must gain all information regarding everything the deceased owned including finances, property and other assets.
- Any debts owed by the deceased are your responsibility to pay.
- You are responsible for calculating whether any Inheritance Tax is payable.
- Applying for the ‘Grant of PROBATE‘ after any tax due has been paid.
- You are responsible for ensuring that all bequests and legacies are given to Beneficiaries in accordance with the Will.
- Ensuring the wishes of the deceased are adhered to as far as possible.
- Distributing all assets to named Beneficiaries.
Due to the extent of legal responsibilities as an Executor any future debts or claims against the estate of the deceased would automatically become your liability.
An example of this: if the deceased had an unknown family member who was omitted from the Will, this person could make a valid claim against the deceased’s estate. If you were unaware of this person and had already distributed the estate, you would become personally liable to pay them their share if you had failed to carry out the necessary steps to protect yourself.
We therefore strongly recommend that you instruct LCS to carry out all Executor duties on your behalf to avoid pitfalls and any personal claims against you in the future.