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Probate - Gazette AND local newspaper? Or just Gazette?
j0nnyguitar
Posts: 7 Forumite
I'm doing a probate and need to post in the gazette in case they owe money. I have read some people also post in a newspaper. Will I be covered against future claims against the estate if I only post in the gazette?. Any help would be appreciated.
Thanks
Thanks
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Comments
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I suppose it would make sense if you actually thought it likely that there'd be a creditor who reads such notices in the local paper (and who doesn't also subscribe to the Gazette), though unless you had particular reasons for such suspicion I wouldn't bother with either.0
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Didn't do either in the two estates I've been executor for, but much depends on how well you know the finances of the deceased (and your attitude to risk).1
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If you must put a notice up then The Gazette is all you need to do. Any major financial institution will/should be checking this.1
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isn't it just that it protects the exec / admin ? If there genuinely is a debt that appears later then the beneficiaries are still liable0
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Yes, it doesn't magically make a debt go away. If you suspect there actually are debts, you ought to be taking more specific steps to check for them.Flugelhorn said:isn't it just that it protects the exec / admin ? If there genuinely is a debt that appears later then the beneficiaries are still liable0 -
Thanks everyone, very useful!0
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I'm joint executor of a relatives estate and nearing completion now. We didn't bother with either, mainly as she had spent 4 years in a care home and as PofA we would have been aware of any potential debts unless she had a secret gambling addiction!
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