A personal representative is usually the named Executor of the deceased’s Will. When a person dies without making a Will, the personal representative is the person a grant of administration has been given to. It is the duty of the personal representative to pay off all debts of the deceased and if this is not done then they may be liable to pay money back into the estate. In order to avoid this, it is advised that the personal representative should apply for an Insolvency Administration Order.
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See AllNo. However, it is a common misconception amongst people is that when a person dies their debts disappear but this is not the case unless...
In straightforward estates we can prepare all the necessary papers within 5 working days of receiving full information about the estate...
The Probate process is needed when investments (typically over £5,000) were held in the deceased’s sole name and the banks, building...
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