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Preparing a will checklist8/13/2023 ![]() ![]() ![]() ![]() On the passing of the deceased, the immediate steps for an Executor are as follows: 1 – Immediately locate and secure the original (and last) Willĭo not presume that the Will you have is the latest. While there is no substitute for advice from an experienced expert, this guide will provide a starting point to help identify any gaps in your understanding, enabling you to make more informed choices when the time comes to discharge your duties as an Executor. To ensure that you have the peace of mind of knowing you are discharging your duties and responsibilities both legally and in the spirit of the wishes of the deceased – and to protect yourself from the risk of liability for any losses – it is recommended that you receive specialist advice at the earliest opportunity. In that case, you may inadvertently become personally liable for any financial loss to the beneficiary(s) of the estate, the tax authorities or benefits agency. But just suppose these duties are not carried out correctly. Taking on the highly trusted role of an Executor means carrying out the instructions of the person who made the Will (the “Testator”/ “Testatrix”) in accordance with the law. In their desire to assist, we frequently find that our clients have been quick to agree that they will take on the role of Executor for friends, family, or colleagues, but they rarely ever receive advice at the time as to what this very important job entails. If you have been entrusted with the formal role of an Executor, this guide will brief you on your key duties, responsibilities and the risks involved with your appointment. At Bennett Griffin LLP, we have a team of specialists specifically to advise and assist Executors. ![]()
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