Estate Administration

Estate administration refers to the entire legal and financial process of managing a deceased person’s affairs after death. This includes collecting their assets, paying off debts and taxes, and distributing what's left to the rightful beneficiaries. The responsibility lies with executors (if there's a will) or administrators (if not).

Why Estate Administration Matters

Proper estate administration ensures that:

• Beneficiaries receive their inheritance as intended
• Debts and taxes are correctly paid
• The estate is handled in line with the law

It also protects the personal liability of the executor or administrator, who could otherwise be held accountable for errors or omissions.

What’s Involved in Estate Administration?

Key responsibilities include:

• Locating the will (if any) and obtaining probate or letters of administration
• Identifying and securing all assets (e.g. property, accounts, investments)
• Valuing the estate and reporting to HMRC
• Paying debts, bills, and any inheritance tax due
• Preparing estate accounts
• Distributing remaining assets to beneficiaries

Solicitors and probate professionals often handle these steps to ensure full compliance, especially when the estate is complex or high in value.

Examples and Use Cases

• A solicitor acts for the executor of a £2 million estate involving overseas assets, requiring coordinated legal and tax advice.
• An administrator appointed under intestacy rules manages a small estate consisting of savings and a jointly owned home.

Mini-FAQ

Who carries out estate administration?
Executors if there is a valid will, or administrators if there is no will.

How long does estate administration take?
It can range from a few months to over a year, depending on the size and complexity of the estate.

Is professional help required?
Not legally, but it is strongly advised for complex, contentious, or high-value estates.

Estate administration is a structured, often time-sensitive process. Whether handled personally or by professionals, its correct execution ensures the estate is settled lawfully and beneficiaries receive their due entitlements.