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"An
administrator is required to wind up the deceased's estate
and distribute his assets to the persons entitled to them
under the Will or intestacy". (Mark Halliwell,
1996, Distribution on Intestacies, F.T. Law and Tax pp39).
Authorisation
The administrator
(or administratrix, the female equivalent) acts as the personal
representative of the estate. To do this, he or she will have
obtained a "Grant of Letters of Administration"
from a court. In normal circumstances, he or she will instruct
a solicitor to administer the estate on his or her behalf.
Role
The administering
solicitors will then proceed to realise the assets of the
estate (i.e. sell the various assets to be able to deal exclusively
with money) and then dispose of any liabilities (debts, taxes
and costs). They will then prepare the accounts for the estate,
showing the balance available for the beneficiaries, before
finally ensuring that all those who are entitled to receive
a share of the estate do so.
How?
If you
have been asked to be the administrator of an estate your
role involves instructing a solicitor to work on your behalf
and may also involve you taking certain decisions during the
administration of the estate. The administering solicitors
will of course advise you with any decisions you need to take.
We can recommend suitable solicitors experienced in this field,
or you can instruct one of your own choice. However, we recommend
that the solicitor should work for a law firm with a probate
department.
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