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The Dangers of Making a DIY Will

Witnessing a Will

How to Get a House and Contents Valued for Probate?

Leaving Money to Charity in Your Will

Disputing or Contesting a Will

Trustees' Duties and Responsibilities Explained

A Beginner's Guide to Trusts

Dying Without a Will – The Rules of Intestacy

Choosing an Executor for Your Will

What Will Happen to My Pets if I Die?

Reducing Inheritance Tax Liability with Gifts

Do I need to apply for probate after my husbands death? LocalSolicitors.com

Do I need to apply for probate after my husbands death?

When a person makes a will, they determine who will be the executor and trustee(s). These roles come with specific responsibilities and duties and is a legal role that can result in liabilities and fines if not conducted properly. The following definitions act as a guideline to the role of executor and trustee.

 * Executor. The executor is responsible for putting the will into action. If a person is named as an executor, they are not obliged to undertake the role, but they are effectively given first refusal. Once a person accepts the responsibility, they become liable for what happens through their actions and decisions. The duties of an executor can include calculating the value of assets, completing tax returns, applying for a grant of probate and arranging the transfer of assets to beneficiaries. There can be multiple executors of a will, and each will have equal responsibility unless the will dictates otherwise.
 * Trustee. The trustee or trustees, as there can be multiples, are responsible for looking after the assets of the estate according to the terms of the will. An executor can act as a trustee too. Trustees are often charged with looking after assets and finances for children until they reach a certain age, often 18 or 21.

What does an executor and trustee of a will do?

Your friend would need to contact a solicitor herself to discuss the situation and provide more information. If she calls 01773 540480 we would be able to advise.

What are the names & contact details of any solicitors dealing in family wills in Kimberley, Nottingham please?

Do I need to apply for probate after my husbands death?

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