The death of a loved one is very traumatic and the administration of their affairs, having to deal with financial institutions, selling property and administering the Estate can be stressful for grieving family and relatives.
One of the first things loved ones should do is determine who the deceased appointed to be Executor of their Estate. If the deceased person has left a Will, an Executor will be appointed to be the deceased’s personal representative in administering their Estate. An Executor will ensure that the wishes set out in the deceased person's Will are carried out upon their death.
The first duty of the Executor is to arrange the funeral. It is important that the arrangements for the funeral are appropriate bearing in mind the wishes of the deceased, as expressed in the Will or in the absence of the Will, as expressed personally to family or friends. Whoever arranges the funeral is entitled to reimbursement of the expenses out the Estate in priority to all other claims against the Estate.
In the process of identifying the assets of the Estate, the Executor should ensure that all assets are appropriately secured and insured, which will preserve them while waiting for finalisation of the Estate.
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