After Probate is Granted: 7 Things Every Executor Must Do

FREE GUIDE: 10 PROBATE MISTAKES EXECUTORS MUST AVOID Download it here: https://www.probatesupporthub.co.uk/f... JOIN MY FREE PROBATE NEWSLETTER Receive clear, practical guidance for executors and families dealing with probate: https://www.probatesupporthub.co.uk/#... NEED HELP FROM A PROBATE SOLICITOR? Request a free initial consultation using the form below: https://www.probatesupporthub.co.uk/c... COMPLETE EXECUTOR BUNDLE My detailed step-by-step guides and practical resources for administering an estate: https://www.probatesupporthub.co.uk/p... PLACE A DECEASED ESTATES NOTICE IN THE GAZETTE Find out how to place a notice inviting unknown creditors to come forward: https://www.thegazette.co.uk/wills-an... In this video, I explain the seven key steps an executor should take after receiving the Grant of Probate, from collecting the estate’s assets through to preparing the estate accounts and paying the beneficiaries safely. The Grant of Probate gives an executor authority to deal with the estate. However, it does not necessarily mean the estate is ready to distribute. Paying beneficiaries too early could leave an executor personally responsible for unpaid debts, tax or claims. CONTENTS 00:00 Introduction 00:44 Step 1: Check the Grant of Probate carefully 02:06 Step 2: Collect the estate’s money and assets 03:53 Step 3: Establish and pay debts and liabilities 05:34 Step 4: Deal with property 07:12 Step 5: Deal with tax during the administration 08:37 Step 6: Consider claims and disputes 10:30 Step 7: Prepare estate accounts and distribute safely 12:58 The crucial point many executors miss This video explains the probate process in England and Wales. It provides general information and is not a substitute for legal, tax or financial advice about a particular estate. Subscribe for more straightforward guidance about probate, executors, estate administration and inheritance. #probate #executor #probatehelp