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Legal documents to give beneficiaries
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If you do do it, you will have to wait until the notice period (minimum 2 months) has expired before any distribution.
How well did you know the deceased (particularly their financial affairs)?
If you are confident of the likelihood of any debtors coming out of the woodwork being zero the placing of adverts is probably unnecessary and just a waste of time and money.0 -
Thanks for your reply.0
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Given that it is for you, as executor, to take a view on whether it is worthwhile placing an advert when it's unlikely to be necessary. The only caveat would be that it is you, as executor, who would be liable should an unknown debt come out of the woodwork at a later date.
I dealt with a relative's estate and placed no notices at all as I similarly felt I knew their affairs sufficiently enough for it not to be necessary. I was however in possession of written confirmation from HMRC that there were no debts due to them as the relative did have independent income despite their advanced years, and I was a bit worried that they hadn't fully declared said income.0
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