Grants of Letters of Administration With the Will
A grant of Letters of Administration with the Will may be granted when all of the executors named in a Will have predeceased the deceased or renounced their role.
On thE other hand, a Grant of Letters of Administration (of an intestate estate) will be granted when a person dies without a valid Will, or dies “intestate”. In such circumstances, the estate will be distributed per the relevant provisions of the laws of intestacy.
Your duties as personal representative (executor or administrator) will include:
- Gathering or taking control of estate property;
- Lodging tax returns and finalising tax affairs;
- Advertising for any debts owing and paying those debts out;
- Finalising any financial or business affairs;
- Paying out legacies; and
- Distributing or transferring the estate property in accordance with the Will.
Acting as a personal representative is an important responsibility. You must be very careful in your administration of an estate. As a representative, you can be held accountable for any losses that may arise from the incorrect or negligent administration of the estate. If you have been appointed as personal representative of a deceased estate, we can assist you in respect of your duties and the preparation and undertaking of distributions to the beneficiaries.
Contact our Wills and Estates Team for further questions or inquiries.