Executor Services
Duties of an Executor
The Executor's duties include:
- Registration of Death, notification of relatives/friends
- Organisation of the funeral
- Collation of information in order to ascertain interests, values and liabilities of the deceased (including tax liabilities etc.)
- Investigating and resolving all outstanding aspects of the Estate
- Negotiation of valuations for all assets (property, shares etc.)
- Complying with all legal and fiscal requirements (completing Affidavits, various Probate Registry and Inland Revenue forms)
- Payment of outstanding Inheritance Tax liability (otherwise Probate won't be granted and your assets won't be released for distribution to the beneficiaries)
- Application for Probate
- ‘Calling in' (identifying and securing) all assets
- Administration of assets (sale or transfer of property, shares, bank/savings accounts)
- Payment of all outstanding bills
- Distribution of the Estate
- Preparation and submission of accounts
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