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Legacy Matters, Cambridge

Business Lasting Power of Attorney and Probate

by Legacy Insights | Aug 3, 2021 | Uncategorized

Business owners should plan for the future with a business Lasting Power of Attorney and consideration of the probate situation in respect of their enterprise. A Lasting Power of Attorney (LPA) is a document that gives legal authority to a nominated attorney to act on...
How long does an executor have to wind up an estate?

How long does an executor have to wind up an estate?

by Legacy Insights | Apr 6, 2021 | Uncategorized

When someone dies, their representative has the job of winding up their estate and finalising their affairs. If they have left a Will, then their representative is known as the executor of their Will. If there is no Will, then the job is undertaken by their...
What happens in estate administration if an executor has died?

What happens in estate administration if an executor has died?

by Legacy Insights | Mar 9, 2021 | Uncategorized

After someone’s death, the executor named in their Will is responsible for winding up their estate. If the executor dies, either before or during the estate administration, there is a process which must be gone through to find and appoint another executor. The...

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