An Executor has many responsibilities:

• Ensuring that the death is registered.
• Organising the funeral.
• Ascertaining the interests, values and liabilities of the deceased.
• Investigating all outstanding aspects of the estate.
• Complying with the legal and fiscal requirements, completing affidavits and various forms for the Probate Registry and Inland Revenue.
• Determining all tax liabilities.
• Negotiating valuations of all assets including property, shares, business, etc.
• Payment of all outstanding bills.
• Administering assets - sale or transfer of property, shares, Bank and Building Society Accounts.
• If necessary arranging the running of a business until disposal.
• Distribution of the estate as directed by the Will.
• Preparation of accounts etc.

A Trust Corporation can remove all of these problems and headaches and handle them extremely quickly for a known fixed fee which is more competitive than banks or solicitors.

See also: FAQs - what does an Executor do?