In this episode of the Wills and Estates Transmission Podcast, Tony Skinner and Max Williams discuss the intricacies of estate administration following the grant of probate or letters of administration.
They cover essential topics such as the responsibilities of executors, the process of advertising for claims, the payment of executors, property ownership issues, navigating financial institutions, the superannuation claims process, the continuation of legal actions after death, and considerations for leaving assets to not-for-profit organisations.
The conversation emphasises the importance of seeking legal advice to avoid personal liability and ensure proper administration of the estate.
Understanding the Grant of Probate
03:59Executor Responsibilities and Payment
08:05Property Ownership and Inheritance
11:54Navigating Financial Institutions
12:52Superannuation Claims Process
16:44Legal Actions Post-Death
18:55Considerations for Not-for-Profit Bequests
20:44The Importance of Legal Advice for Executors