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A professional executor makes sure the will is administered properly.
Administering an estate and carrying out the wishes outlined in a person’s Will can be a challenging task, particularly whilst still grieving. A professional executor, also known as a solicitor executor or a professional trustee, can take on this role and make sure the Will is administered properly.
A professional executor can be an individual or organisation that is appointed to administer an estate and carry out the wishes outlined in a person’s Will.
They are typically experienced in estate administration and have the necessary legal and financial expertise to handle the complexities involved.
A professional executor is responsible for managing the administrative tasks involved in settling an estate. Their duties may include applying for a Grant of Probate, gathering and valuing assets, paying debts and taxes, distributing assets to beneficiaries and ensuring compliance with legal and tax requirements.
The main advantage of appointing a professional executor is that it takes a lot of the stress away from your grieving relatives. Their knowledge and expertise in estate administration, impartiality in handling potential family conflicts, accountability in fulfilling their fiduciary duties and their access to technology should ensure the estate will be managed efficiently and effectively. They will also be well placed to advise your beneficiaries on any post-death planning that could be required to maximise tax allowances or best fit your beneficiaries’ individual estate planning.
To officially appoint a professional executor, you need to update your Will to ensure that the appointment is correctly documented and legally binding. Inform your chosen professional executor about your decision and discuss your wishes and intentions in detail.
Appointing a professional executor requires careful consideration and consultation with a qualified legal professional. Our experienced team can provide personalised advice based on your specific circumstances, help you navigate the legal requirements and ensure that your estate is administered according to your wishes.
To find out more, please contact our Wealth Protection team on 03333 058375 or email WealthProtection@psg-law.co.uk.
Partner, Head of Wealth Protection
Partner, Court of Protection & Wealth Protection
Senior Associate, Wealth Protection
Legal Assistant, Wealth Protection
“Gail has been very professional, polite and quick to respond throughout the transaction. Would happily recommend.” Mick Jennings
“The whole team has been accessible and very well informed.” Legal 500
“Top class solicitors, provided a hassle free, professional service… if you’re looking for a firm that really seems to care, charges reasonable fees and doesn’t swallow you up in legal jargon - I’d highly recommend giving them a call.” Anne-Marie Armstrong
“I have received a very caring and professional service from both Laura and Gail. All my concerns were answered in a considerate and prompt fashion. Thank you very much.” Justine Abrahams
“Gail is my solicitor and has helped me in every stage of my husband’s estate. Because I can no longer write she has simplified things for me and is very approachable whenever I ring, and doesn’t make me feel stupid when I ask stupid questions!” Margaret Borthwick
"Very personable and friendly, technically very strong and very ethical and client focused." Legal 500
"Gareth Williams, can give advice to HNW individuals with complex planning needs and also acts as a professional deputy for individuals who have been awarded significant personal injury and medical negligence claims, technically very strong and has a great understanding of the needs of the client and how to provide the appropriate solutions and service." Legal 500
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