It can be difficult and distressing to be faced with the responsibility of making arrangements following the death of a relative or friend.
We know there is no such thing as a standard executry and that every situation is different. Executors must deal with assets which the deceased has collected, inherited, built-up and dealt with over their whole life. Complexities and contentious issues can and do arise, from assets held abroad or unusual shareholdings to missing Wills or inheritance disputes.
The estate must also be wound up according to a specific legal procedure, which involves, amongst other things, paying the inheritance tax liability, applying to the court for permission to ingather the deceased’s estate (known as Confirmation in Scotland), settling the deceased’s debts and ensuring the remaining assets are distributed correctly.
We have a dedicated group of experienced, sensitive practitioners who will advise on your responsibilities, help to identify the assets and liabilities and also communicate with the people who are entitled to share in the deceased’s estate.
Our expert private client group deliver a sensitive, effective service aimed at making the executry process run as smoothly as possible, no matter the size or complexity of the estate. We will clearly explain all the steps that need to be taken, offering expert advice and guidance at every stage, including:
- Clarifying an executor’s duties and how these duties are fulfilled
- Assistance obtaining valuations of all the deceased’s assets
- Advice on inheritance and income tax and any reliefs available
- Completing all necessary forms and paperwork required by the courts and agencies, such as HMRC
- Preparation of executry accounts
- Assistance distributing the estate
We take a pro-active approach, ensuring a dialogue is maintained with all relevant parties, that matters aren’t overlooked and that timely action is taken to prevent issues arising in the future.
Unfortunately, disputes may still arise, especially in cases concerning intestacy (where there is no Will), cross-border succession or valuable estates. Our executry group has considerable experience in finding solutions for such difficult or contentious situations, using their skills in negotiation and advocacy to obtain the best possible outcome for our clients.
Specialist Executry (Probate) Solicitors, Edinburgh
Head of the Executry Group, Andrew Paterson, has extensive experience with complex and high-value estates. Andrew is also a Partner within our Asset Protection Group. Contact Andrew today using the Enquiry Form or call on 0131 225 1200.
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View our executry group here.