Practical problems in administering estates

Thisismoney.co.uk yesterday published an example of how executors can feel frustrated with the process of administering an estate.

There are two stages to the probate process: first, there is completing the necessary tax returns and oaths in order to obtain the grant. After that, the estate still needs to be physically administered and estate accounts produced.

Although executors should always have one eye on the law throughout, the second stage can feel like it is simply admin. Like any admin with large companies, getting things done can be difficult. Like some of the comments made on the story suggest, it is another reason why instructing a value-for-money professional can be the right way forward.

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