Professional Executor
Service & Probate
Losing a loved one is a difficult and emotional time, and often the last thing you need is the pressure and hassle of administering that person’s estate – especially if it involves going to probate. That’s why we offer our Professional Executor Service, which can take care of all the administration for you, and also instruct a specialist Probate Lawyer to manage the legal process.
Probate is a legal process that allows another person to access bank accounts, sell assets and settle debts after you’ve died. Not everyone needs probate, depending on what you own (if you have a property just in your name or high value assets are good examples of why it might be needed). It’s a complicated and sometimes costly process that can take up to 12 months, and problems can easily arise if it’s not managed properly – which is why a Probate Lawyer is applicable.
Using our specialist executor service means our experts will be pre-appointed, and they can deal with the duties an executor might have delegated to them, from collecting assets, getting valuations and closing accounts to preparing relevant tax forms, paying what’s owed and drawing up estate accounts.
Depending on the circumstances, the service might include:
Legal
- Preparing and submitting probate papers
- Establishing Trusts created by the Will
- Identifying joint assets
Financial
- Authorising payment of all liabilities from the estate
- Preparing and signing estate accounts
- Authorising the distribution of the estate proceeds
Tax
- Preparing and signing off income, inheritance and capital gains tax forms
- Authorising payment for any tax that is due
Estate Assets
- Approving collection of all estate assets
- Approving formal valuations
- Approving sales and closing accounts
Communications
- Taking care of correspondence with financial, governmental bodies and interested parties
- Preparing and authorising Trustee Act Notices
Our tailored professional probate service takes away stress at a very stressful time, with our experts taking care of everything to minimise problems.
If you’d like to discuss how it could help your loved ones after you’ve gone, get in touch to arrange a home visit.
Talk to your Aiker Legacy Adviser
Arrange a home visit now to discuss your current situation, and which options might suit you best, and how regular reviews can help you be sure your legacy isn’t at risk. The whole process is easy, and starts by simply giving us your details.