Estate accounts

Options
Hi does anyone know how long an executor should keep estate accounts? I have googled but found various answers so am unsure. 

Thanks, 
We don't stop playing because we grow old; We grow old because we stop playing.

Comments

  • naedanger
    naedanger Posts: 3,102 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    Options
    Hi does anyone know how long an executor should keep estate accounts? I have googled but found various answers so am unsure. 

    Thanks, 
    HMRC say they may require to see them for up to 20 years, along with some other information. I am not sure if anyone else requires you to keep them longer. I wonder how many non professional executors keep them that long in practice.
    https://www.gov.uk/valuing-estate-of-someone-who-died/records

  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Name Dropper First Anniversary First Post I've helped Parliament
    Options
    I have estate information and docs going back 2 generations just in case.
    Never know when you might need a certificate, will or grant if another inheritance comes out of the blue from a distant relative.
    10 years ago, we had an issue that had been unresolved from a grandfathers death many years previously, going back through the paperwork resolved it.

    They take up very little room even even with a few peoples docs.


  • Shelldean
    Shelldean Posts: 2,395 Forumite
    Name Dropper First Post First Anniversary
    Options
    I have estate information and docs going back 2 generations just in case.
    Never know when you might need a certificate, will or grant if another inheritance comes out of the blue from a distant relative.
    10 years ago, we had an issue that had been unresolved from a grandfathers death many years previously, going back through the paperwork resolved it.

    They take up very little room even even with a few peoples docs.


    And always of interest to a genealogist!!!
Meet your Ambassadors

Categories

  • All Categories
  • 343.5K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.7K Work, Benefits & Business
  • 608.7K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards