What is an Executor and who should I appoint?
An executor is the person or body responsible for administering your estate on your death to include the duty of quantifying your assets and liabilities, ensuring that any inheritance tax liability is accurately declared and paid, gathering in your assets, discharging your liabilities and distributing your estate to the beneficiaries as set out in the will. Executors may also be trustees in appropriate cases for example where there are children or where trusts need to be created on death for inheritance tax or other reasons. In many cases it would be appropriate to nominate a husband, wife or child of full age, but in other cases it is advisable to have a professional executor or executors. We can advise you on your choice and the firm is willing, where appropriate, to act as executor.
