Retirees are being urged to ensure they have a Power of Attorney (PoA) in place before they take advantage of recent pension freedoms to manage their retirement savings themselves.

A petition has been launched calling for a change in the law in Scotland to prevent a man found guilty of murdering his mother from being able to act as executor to her estate, reports the Daily Mail.

When a family member or other loved one dies, it can be hard for those closest to them to move on and find any sort of closure, particularly while work is ongoing to settle the deceased’s estate. As a result, a question of common concern to the recently bereaved is; ‘how long will it take to settle the estate?’ 

In a recent blog post we looked at some of the considerations to be taken into account when deciding who to appoint as the executor of your estate in your will. In this post we look at whether it is advisable to appoint more than one executor. 

One of the first jobs the executor to an estate must carry out is preparing an inventory of the estate i.e. a list of all assets belonging to the deceased person, such as property, money and savings/investments.