Telephone: 01738 442299
Executry Services
When
someone
dies
the
immediate
concern
is
registering
the
Death
and
organising
the
Funeral.
We
can
help
you
with
all
of
this
as
well
as
dealing
with all the formalities of administering the Estate.
We know it can be a very stressful time for all concerned, and our Executry Service allows you to choose how much and what you
might wish to attend to and what you need us to do.
Once the Funeral has been organised, there are also certain practicalities which have to be attended to. The estate of the
deceased (their assets and monies) will need to be administered and distributed by the executors of the estate in accordance with
the deceased’s Will, if there is a valid Will. If there is no Will then an executor (normally a family member) requires to be appointed
through the Sheriff Court.
To be able to administer the estate in most cases the executors have to obtain Confirmation from the Sheriff Court in Scotland.
Estate administration can be time consuming and complicated and our professional staff are well experienced in dealing with all
sizes of estates.
There are four main stages in the administration of an estate where no Inheritance tax is payable:
•
Obtaining information – all the assets and belongings of the deceased, including any debts, require to be investigated and valuations
obtained where applicable.
•
Preparation of the Inventory of all assets for the executors approval prior to submission to the Sheriff Court to obtain Confirmation
(known as Probate in England). At the moment only a solicitor can obtain confirmation.
•
Ingathering the assets, closing accounts, cashing in policies and paying debts
•
Distribution of the assets to the beneficiaries – including organising for any sale or transfer of property
We can help you create the Will that best suits your needs and circumstances, or we can review your existing Will to see that it still
reflects your wishes. It is important to review your Will regularly.