How to Manage a Deceased Estate

We know how hard it is when a loved one passes away which is why we try to simplify and make the legal process as stress-free as possible. If you’ve been appointed as an Executor of a deceased estate, you might face responsibilities and challenges you have never encountered before. Grieving a loss is already overwhelming, and the uncertainty of managing an estate can add to that trauma. HLC is here to guide you every step of the way, ensuring you know what to do when to do it, and supporting you throughout the process.

Executors face very strict legal requirements, so seeking advice early is essential to avoid unintended complications, additional expenses, or delays that could cause unnecessary worry or concern for family members or beneficiaries.

Each deceased estate has unique circumstances, and our team can provide the clarity and reassurance you need to fulfill your role as Executor with confidence. Here are some answers to our frequently asked questions:

  1. Do I need to return to the same Law Firm that prepared the Will?

No, our deceased estate process includes locating the original Will on your behalf.

  1. What is my role as the Executor?

As an Executor, your role is to ensure that the wishes of the deceased, as outlined in the Will are honoured. This can involve tasks such as arranging the funeral, collecting assets, paying debts, and distributing the estate’s proceeds to the beneficiaries named in the Will.

  1. What is the Solicitor’s role in Managing the Deceased Estate?
  2. Assisting an Executor to locate the original Will, if required.
  3. Contacting debtors (we recommend redirecting mail to our office to help manage bills as they arise).
  4. Notify relevant asset holders such as banks and superannuation institutions (we also work with aligned professionals like financial planners and accountants to ensure everything is in order and avoid any surprises).
  5. Preparing and lodging Probate and or Letters of Administration (if necessary).
  6. Realising all assets in the estate.
  7. Disbursing the estate in accordance with the terms of the Will.

To get started, give us a call on 1300 224 828 or you can send an enquiry through our contact form here and let us make it easy for you!

Important Disclaimer: The content of this article is general in nature and for reference purposes only. It does not constitute legal or financial advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.

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