What is an executor of a will? A Comprehensive Guide to Understanding the Role
An executor of a will is a person appointed by the testator (the person who makes the will) to administer their estate after death. Being named as an executor in a will is a significant responsibility, reflecting the trust placed in you by the testator. The role comes with a host of duties that are critical to ensuring the wishes of the deceased are honoured, and the estate is distributed according to the will. But what exactly does an executor’s role involve, who is eligible to be named as an executor, and is it possible to renounce this duty? Discover the answers in our comprehensive guide.
New stamp duty thresholds were introduced in September 2022 as part of the Stamp Duty Land Tax (Temporary Relief) Bill. This bill has now been passed through the House of Lords and thresholds are fixed until March 2025.
Recently an article was published in the Financial Remedies Journal (FRJ) titled “A new weddings law is not a panacea for unmarried couples”. This is a dive into a recent submission to the government aiming to update the law regarding marriage (the main bulk of which was brought in during the 1800s!) and how it does not offer any further protection for those who choose not to get married to their partners.
