When a Will is made, an individual or individuals are appointed as executors to distribute the assets of the testator. Executors act as the personal representative of the deceased person and as such, are expected to abide by New South Wales estate and succession laws. Although executors enjoy certain rights in this role, they may also be held personally responsible in the event of an inheritance dispute. In this article, The Will Challenge Lawyers outlines what is expected of the executor during an estate dispute in Sydney.
What are the Duties of the Executor?
The responsibilities of the executor of a Will include:
- Securing the Will of the deceased and making arrangements for the funeral according to their instructions
- Ensuring that the assets included in the Will are secure and insured
- Notifying beneficiaries of the demise of the testator
- Applying for a grant of probate so that the estate can be administered
- Completing the necessary tax returns followed by clearing debts to creditors, legal professionals and others
It is important to note that the administration of different estates will differ depending on the particulars of the Will. The duties of the executor may also include resolving disputes between beneficiaries and even defending the estate during legal proceedings. Contact our estate dispute lawyers in Sydney for legal advice on inheritance-related matters.
The Role of the Executor During an Estate Dispute in Sydney
Whether it’s an estate dispute in Sydney or anywhere else in the country, the executor is at the very centre of proceedings. The claim is made against them and the estate, which means that certain legal responsibilities must be fulfilled.
- Cease all distribution of assets to beneficiaries until the claim is resolved
- Cooperating with the court by making all required documentation available within the specific time frame
- Furnish all information related to assets and liabilities
- Remove themselves as executor if there is a conflict of interest
Navigating a Will challenge without professional help can be daunting. Call us today to find out how estate dispute lawyers in Sydney can provide the support you need.
Estate Dispute Lawyers in Sydney for Family Provision Claims
When you are facing an inheritance dispute, it’s best to secure the services of a lawyer immediately for the best possible outcome. Contact The Will Challenge Lawyers today for a wide range of estate and succession law services.
