If your loved one doesn't have a will, then there's a chance their possessions may not be distributed correctly when they've passed away. We all know discussing death is never a pleasant experience, but when it comes to a will it's a necessary conversation to have to ensure that your loved one's wishes are carried out. Have you been thinking about organising a will for your loved one but you're not sure where to start? We've outlined some tips and helpful information to assist you in your will planning. What is a Will? A will is a legal document which outlines what will happen to …
What it Means to Be a Legal Executor
When a loved one passes away, there are various arrangements that must be made. But what happens to the affairs our loved ones leave behind? Hopefully, your loved one has written a will that will now be put into effect. However, for this to be accomplished, they will have named someone as their legal executor; that person could be you. What is a Legal Executor? The legal executor is the person empowered by a will to deal with the estate of the deceased. It is their responsibility to arrange for assets to go where they are supposed to go. This includes consolidating funds and …