ESTATE ADMINISTRATION & LITIGATION
What Is Estate Administration?
Estate administration involves collecting and managing a deceased’s assets. Paying the deceased’s debts and distributing the estate assets to beneficiaries. An estate can take anywhere from 6 months to several years to administer depending on the nature of the assets, the age of beneficiaries and whether any disputes arise.
Listed As An Executor?
An executor is a person (or sometimes more than one person) named in a Will to carry out the wishes of the Will-maker after their death. This can often be individuals, solicitors or specialist trustee companies that are named as executors. We are specialists in making the administration phase streamlined.
No Executor Named In The Will
If Will-maker failed to appoint an executor, usually the court needs to appoint someone to administer the estate. A person appointed by the court is called an administrator. Often this is the beneficiary with the largest portion of the estate. An administrator has the same responsibilities as the executor.
Challenging A Will?
Death and loss is an emotionally exhaustive time, which is made more difficult when you are facing being left out of a Will or being provided for adequately. At Shane Ellis Legal Group, we treat every case as if it is our own personal battle. We're here to listen to every aspect of your circumstances to make sure we can achieve your ideal outcome.
We Are Ready To Help
(07) 55343 900
The Role Of The Executor
What Do I Need To Know and Do?
An executor is a person (or sometimes more than one person) named in a Will to carry out the wishes of the Will-maker after their death. Often solicitors or specialist trustee companies are named as executors.
The executor may have to:
Collect all the assets and have them valued, if needed
Finalise all debts and testamentary expenses
Insure all taxation matters are attended to
Arrange the funeral
Apply for a grant of probate (they must be over 18 when they apply)
Distribute the estate according to Will
Attend to any legal action against the estate on behalf of the estate