If you’re in your thirties or forties, chances are you’re juggling a career, kids, a mortgage and home improvements – yet amongst these financial responsibilities lie opportunities to get more from your money
Often, many of us are disorganised when it comes to the matters of what to do when we die. The death of a person is an emotional time for everyone involved – and a time when those people do not need the added stress or confusion in sorting out the deceased’s affairs.
Your role as an Executor of someone’s Will is an important and responsible one. You owe a duty of care to the deceased’s estate and the beneficiaries so it is important to fully understand your responsibilities.
Often the last thing on our minds when planning our Estate is considering the tax effectiveness of our wishes. However, as this example explains, it can be costly not to.