An executor of an estate is an individual appointed to administer the last will of a deceased person and carry out the instructions to manage the affairs. They are appointed either by thetestatoror a court. Executors ensure all assets in the will are accounted for and transfer these assets to...
Dying without a will is known as dying intestate. This can be a long and expensive process for your loved ones, as the estate must go throughprobatecourt. Anexecutoris named to handle the process. It's a good idea to create a will, as it details your bequests and makes the process o...
Inheritance, Inheritance tax, Estate Duty, Probate, Wills, Personal representative, Executor, Estate, Potentially Exempt Transfer, PET, tax, tax, pay, role... How and when you have to pay Inheritance Tax - the exemptions and the role of the personal representative or executor...