Following a death the financial matters of the deceased will have to be managed. This will include their money, property, possessions and debts and is collectively known as their ‘estate’. The procedure to follow will depend on whether they left a Will.
If the deceased has left a Will they will probably have nominated someone they wish to be responsible to carry out their wishes, this is known as the ‘Executor’ and it is likely to be a spouse, relative, friend, colleague or sometimes a professional. The deceased may also have left further instructions and this is known as ‘Letters of Wishes’. It is the responsibility of the executor to ensure the deceased’s wishes are carried out.