Winding up an estate

Dealing with a family bereavement can be an extremely traumatic experience and it can be difficult to cope with the administrative task of winding up an estate at such an emotional time. 

We can make the process as simple and straightforward as possible, helping to ease the burden on family members and friends.

Our experienced and approachable team can take care of all matters arising from the death of a family member or friend in a sympathetic, speedy and efficient manner.

We can make the process as simple and straightforward as possible, helping to ease the burden on family members and friends.

Get in touch to discuss administering an estate

The estate administration process

When a person dies, someone has to deal with their affairs. This is called 'administering the estate’ or ‘executry administration’.

We can act as the estate administrator on behalf of the deceased and their Executor.

Responsibilities include:

  • Arranging for an independent valuation of the assets;
  • Dealing with assets outwith the United Kingdom;
  • Fulfilling the wishes expressed in the Will including contacting the named beneficiaries;
  • Liaising with HM Revenue & Customs regarding any Income Tax, Capital Gains Tax and Inheritance Tax;
  • Transferring assets to the beneficiaries.
  • Arranging for the payment of any debts (including mortgages);
  • Dealing with any claims on the estate;
  • Gathering & protecting the assets of the estate;
  • Preparing deeds of variation;
  • Settling the estate;
  • Setting up and administering trusts;

More information

How long does it take to settle an estate?

Where estates fall below the inheritance tax threshold, or are exempt from inheritance tax for some other reason, it is often possible to complete the administration of the estates within six months. Where estates are liable to inheritance tax, it can take nine months or more before the administration of the estate is complete.

Setting up & administering trusts

We also offer help in connection with trust matters. We have a great deal of experience setting up trusts for young or vulnerable beneficiaries, as well as charitable trusts and can also take care of all matters arising in connection with the ongoing administration of such trusts. 

We can also help with a trust arising from an Executry, either under the deceased’s Will or under a deed of variation. Indeed, we often advise that it would be useful for executors and beneficiaries to enter into a deed of variation for tax planning or family protection reasons.

Our executry administration team

Our offices in Glasgow, Edinburgh, Inverness and Thurso ensure that our experienced and approachable team is on hand to discuss your wishes in a sensitive and efficient manner.

Executry administration can be a complicated process and we would always recommend using an experienced solicitor to handle all of the complex processes and negotiations. 

We have settled thousands of estates both large and small all over the country. 

To speak to a member of our team please call 0141 227 9429 or click on the names below to find out more about their experience.

The Brief magazine - guide to personal legal services

The Brief magazine is your guide to personal legal services at Harper Macleod. The magazine aims to keep you in touch with current legal issues that are important to you - the law seldom stays the same for long and we believe that it's important for everyone to be kept advised on the changes that can affect both you and your families.

You can view and download the current edition by clicking here.

We hope you find the magazine useful and informative, and please don't hesitate to get in touch with a member of our team should you have any issues you'd like to discuss further with us.

The Brief Magazine

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