With vast experience of managing executry estates, our firm will aim to make the process as straightforward as possible for you.
We can advise and assist you through all of the stages of an executry:
- Registering the death and organising the funeral
In most cases the clients deal with that themselves but we are always happy to assist. - Establishing whether or not a Will was made
In most cases if a Will was made with a solicitor then the solicitor will hold the Will, but sometimes it is kept elsewhere. - Gathering information about the estate
Was there a house, bank accounts, shares or other investments? Liaising with banks, share registrars and other financial organisations can sometimes be an intricate process. - Preparing an inventory of the estate
This is a snapshot of what the person had at the date of death. - Applying for Confirmation to the estate at the Sheriff Court
This is required when there is a house or other assets of a certain value that require Confirmation before they can be dealt with. Sometimes there are extra procedures to carry out before getting Confirmation, for example if there was no Will or if an Inheritance Tax return has to be submitted. - Gathering in funds and assets from the estate
- Paying any debts due
Creditors have six months from the date of death to make a claim on a Scottish estate. - Distributing the estate
In most cases this is as simple as following the wishes to pay legacies left in the Will. In some cases there are other matters to consider, such as a surviving spouse or children claiming Legal Rights. - Preparing executry accounts
Having a full accounting of the administration of the estate is important to show that the estate has been wound up properly.
It is never too early to contact us and we always aim to deal with the matter sympathetically and speedily.
Mr Maxwell was able to wind up my late parents’ estates and resolve complex tax and investment issues to my complete satisfaction.
