Estate Admin

                                                      

ADMINISTERING AN ESTATE
 
Making a Will helps to plan what is to happen in the aftermath of a death, but nothing can adequately prepare us for the loss of a loved one. A lot of everyday tasks require attention and important decisions may have to be made with regard to the deceased’s property and personal belongings (for instance, should the house be sold?).

It is essential to identify from the outset any legal issues which may need to be dealt with; these are not always obvious and can result in a personal representative being held personally liable. Your solicitor will advise you on the steps to be taken and will be in a position to deal with any underlying complexities.

 

He/she will attend to the considerable administrative detail involved, from assembling accurate date of death information, completing the Revenue and Probate Office forms required in the application for a grant of representation (in the absence of a Will, a Bond, usually from an insurance company, will be necessary) to collecting the assets, making the various tax returns, obtaining various tax clearances and ultimately making arrangements for the distribution of the estate, and related accounting to the personal representatives and beneficiaries. Please see leaflet below for further information.