Losing a loved one is a difficult and upsetting time, which can be made even more stressful if you have been appointed as the executor of their will, or they have died intestate (without a will).
As the executor, it is your legal duty to pay all the tax and debts and then distribute the assets correctly to the beneficiaries. You will be personally liable for any mistakes made, including any under or overpayments, which you may have to pay out of your own pocket.
The information contained in this article is intended for general guidance only. It provides useful information but it is not a substitute for obtaining legal advice as the articles do not take into account specific circumstances. So do please ContactUS for legal advice on the issues raised.
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7 Dangers Executors Need to Know
