- Settling debts or taxes: paying any unpaid bills or personal taxes, applying for tax refunds and filing Self-Assessment returns.
- Managing and selling assets: selling shares or property, or dividends or other income.
- Reporting an estate’s income to HMRC: sending information depending on the estate’s value, how much income it generated and if there is any tax to pay.
- Distributing the estate: according to the will or the law (if there is no will) and updating the Property Register is property is passed on.
- Preparing final estate accounts: approved and signed by the executor and the main beneficiaries.