We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Gazette and local paper notice if executors are sole beneficiaries

muchembe
Posts: 18 Forumite

My sister and I are the only executors and also sole beneficiaries of our late father's estate. Is there any good reason to pay (approx £400) for the section 27 notices because while this protects us as executors, any creditors would be able to claim from us as beneficiaries in any case? It seems an obvious 'no' but despite coming up a few times in the forum I can't find a clear cut answer. There often seems to be someone who pops up and says it is worth doing 'to be on the safe side'. I can't see how the notice offers us any protection in this situation but am I missing something?
0
Comments
-
Absolutely none. The vast majority of estates aren't going to have surprise creditors (any reason to believe your father did?), and in practice how many of them are going to be scouring the Gazette for dad's name? Even if a creditor popped up (and had a valid claim), as you say it makes no difference whether you pay them with your executor hat on, or later as a beneficiary.2
-
user1977 said:Absolutely none. The vast majority of estates aren't going to have surprise creditors (any reason to believe your father did?), and in practice how many of them are going to be scouring the Gazette for dad's name? Even if a creditor popped up (and had a valid claim), as you say it makes no difference whether you pay them with your executor hat on, or later as a beneficiary.2
-
Thanks user1977 & Keep_pedalling, that's very helpful. Strange that the advice in places like the Which guide makes it seem like a must do when cases where executors & beneficiaries are the same people must be pretty common. We've no reason to think there are any unknown creditors and as the S27 notices don't seem to make any difference in our case I think we'll forget about it and get on with the rest of the estate admin stuff.
0 -
muchembe said:Thanks user1977 & Keep_pedalling, that's very helpful. Strange that the advice in places like the Which guide makes it seem like a must do when cases where executors & beneficiaries are the same people must be pretty common. We've no reason to think there are any unknown creditors and as the S27 notices don't seem to make any difference in our case I think we'll forget about it and get on with the rest of the estate admin stuff.Fashion on the Ration
2024 - 43/66 coupons used, carry forward 23
2025 - 60.5/891 -
Sarahspangles said:muchembe said:Thanks user1977 & Keep_pedalling, that's very helpful. Strange that the advice in places like the Which guide makes it seem like a must do when cases where executors & beneficiaries are the same people must be pretty common. We've no reason to think there are any unknown creditors and as the S27 notices don't seem to make any difference in our case I think we'll forget about it and get on with the rest of the estate admin stuff.1
-
Keep_pedalling said:Sarahspangles said:muchembe said:Thanks user1977 & Keep_pedalling, that's very helpful. Strange that the advice in places like the Which guide makes it seem like a must do when cases where executors & beneficiaries are the same people must be pretty common. We've no reason to think there are any unknown creditors and as the S27 notices don't seem to make any difference in our case I think we'll forget about it and get on with the rest of the estate admin stuff.2
-
London Gazette should suffice. Local newspapers are a thing of the past.
Having dealt with both my (divorced) parents estates in the past in the capacity as executor. Was enlightening just how much they kept to themselves.1 -
The guidance in the Gazette cannot be trusted. The Gazette guidance for Scotland is totally incorrect. The Gazette editorial team knows that it is incorrect but have not changed the website. Makes you wonder.
1 -
user1977 said:Keep_pedalling said:Sarahspangles said:muchembe said:Thanks user1977 & Keep_pedalling, that's very helpful. Strange that the advice in places like the Which guide makes it seem like a must do when cases where executors & beneficiaries are the same people must be pretty common. We've no reason to think there are any unknown creditors and as the S27 notices don't seem to make any difference in our case I think we'll forget about it and get on with the rest of the estate admin stuff.1
-
Thanks all. Looks like there is benefit in the Gazette entry and some doubt whether the local papers thing is necessary. However, on my original specific question it seems clear there is no benefit at all in doing either if executors and beneficiaries are exactly the same people.
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 349.8K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 453K Spending & Discounts
- 242.8K Work, Benefits & Business
- 619.5K Mortgages, Homes & Bills
- 176.4K Life & Family
- 255.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards