Estate
Administration
and Probate

Estate administration has become increasingly complex for executors in recent years, partly due to an increased appetite for sophisticated asset protection structures and non-traditional assets. AB is here to bridge the gap between the traditional roots of estate law and the modern commercial landscape.

“As an executor, you’re entrusted with administering the deceased’s estate. While simple in theory, in practice you may be required to deal with complex or unfamiliar financial assets, terminate commercial arrangements and wind-up companies. The margin for error is significant.”

— Jin Nam, Solicitor

If you’ve recently been appointed as an executor, it may be worth getting advice

There are many common issues and pitfalls that need to be managed

For instance:

  1. Do you need to apply for probate? What’s involved?

  2. Did the deceased own or operate a company? How can you ensure its value is preserved while you wait for probate?

  3. How will you manage termination of contracts that survived death?

  4. If cash is required to repay debts, how should go about liquidating assets?

  5. How does the will deal with infants, or incapacitated beneficiaries? Do any special structures need to be established?

  6. How will you deal with any family provision claims?

It is completely reasonable for an executor to obtain professional advice on these points.

Why use AB?

At AB, we pride ourselves in providing commercial, easy-to-digest advice in assisting executors with the administration of complex estates to ensure the deceased’s wishes are respected and upheld. We work closely with executors and corporate trustees to meet their obligations and manage beneficiaries to handle potential conflicts and resolve disputes quickly.

Next Steps?

If you’ve been appointed as an executor or anticipate being appointed in the future, please feel free to send us an email using the button below. We are happy to have a free 30-minute chat to discuss your situation and any particular concerns you may have.

Learn more

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