Deceased Estate
You’ve lost a loved one.
Coping with such a loss is difficult. There are certain legal forms and documents that need to be completed and filed. Managing deceased estates can be a complex issue that requires a detailed understanding of the process.
Have you or another family member been named as the executor? If so, you now have a number of obligations that must be met within a timeframe.
Did the person have a Will? If so, do you have a copy or know where to locate it?
Let’s assume that you are the executor and have located the Will. Now it’s important to sort out the finances, assets and other items of value. Ideally, you’ll be able to accumulate all of the supporting paperwork. Often, the person’s accountant is a great place to start.
There are many factors to finalise when administering a deceased estate. The Executor of the Will has an important responsibility to administer the deceased estate, including:
- Obtaining a death certificate and copy of the Will
- Filing paperwork with the appropriate legal entities (such as banks) notifying them of the death
- Filing Probate application with the court
- Filing final taxes for the deceased
- Dividing the assets of the estate as outlined in the Will (once Probate has been granted)
In all cases, one of our legal team will guide you through this difficult, emotional time.
The last thing you want right now is someone contesting the Will, delaying settlement and causing further worry.
Would you benefit from talking to one of our team for 10 minutes to resolve your most immediate questions? We will review your situation and give you the practical advice you need right now.
The answer will help determine the best course of action for you, your family and your future.
Ask us your questions today.