When a person dies, leaving assets in Victoria, it is usually the responsibility of the executor of the deceased person’s will to finalise their affairs.
By working with such a wide range of clients, our team is familiar with the many issues that can arise on all sides.
Our solutions are often based on lateral thinking.
The role of the executor
Being an executor generally involves:
- collecting or gathering all of the deceased’s assets
- promptly paying any debts of the deceased
- distributing the assets to beneficiaries.
But it is not always as simple as collecting in funds from bank accounts and transferring property. An executor might need legal advice on the deceased’s business affairs, partnership interests, family discretionary trusts or private companies. They might need to obtain a grant of representation from the court.
Acting as an executor can be a confusing and stressful experience.
Advice and support for executors
Dimos Lawyers has been providing practical advice and assistance to executors and administrators of estates since 1969.
Our extensive experience in this practice area means that we can advise you on every aspect of:
- applying for probate
- applying for letters of administration on intestacy (dying without a valid will)
- the proper administration of an estate.
Our team provides detailed estate administration accounts and works with executors, administrators and beneficiaries alike to collect in assets from various institutions, liaise with estate’s creditors and liquidate assets in the most cost-effective manner. This way you can ensure the most efficient distribution and finalisation of the estate.