When you die, all your debts must be settled, your final taxes paid and your assets distributed according to your wishes or, if you haven't written a will, in terms of the law of intestate succession.
Perhaps the most important decision that you can make is the selection of the person to oversee your financial affairs if you are unable to do so. This person is the successor trustee of your trust, ...
The process can be complex and emotionally taxing, but much of the difficulty can be avoided with proactive planning.
When planning for the future, writing a will is one of the most important steps you can take to protect your loved ones.
About 30 years ago, when I made my first will, I nominated two siblings to act as executors, with their permission. I have retained them in updates but they are elderly now and less energetic and my ...
An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...
When the time comes to make a will, one important element is to name an executor to handle your financial affairs after you are gone. But becoming an executor yourself is another matter entirely – ...
Writing a will is one of the most important steps you can take to protect your legacy and ensure that your loved ones are taken care of after you’re gone. A will is not just a document for the wealthy ...
I am an executor to my late father’s will but my late father’s solicitor and my sister have excluded me from day one. It is like the solicitor and my sister are the executors. Is something amiss here?
At Gibson Kerr, we have many years of supporting clients to manage their estates and want to highlight the importance of appointing an executor for your will. In Scotland, the role of an executor is ...
Having a will is crucial for ensuring that your wishes are carried out after your death and for providing clarity and guidance to your loved ones during a difficult time.