Insights

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What happens if executors can’t agree?

Thursday, 16 June 2022

Jennifer Gray

Executry

Dealing with the estate of a loved one can be a very challenging time. Emotions are running high and this can make it easy for tensions to arise. The executors may disagree about how the estate should be managed or distributed and it can seem impossible for the conflict to be resolved. Failure to agree can lead to delays in the administration and distribution of the estate. The law provides several ways to deal with disagreements between executors. If you are finding it challenging to come to a decision as a group of executors this article may help.

Duties of trustees in Scotland

Wednesday, 15 June 2022

Adam Swayne

Trusts

If you have been appointed as a trustee, you may be concerned about your duties and obligations. Trustees are appointed to manage assets on behalf of the trust’s beneficiaries and, as a result, have certain fiduciary duties towards those who benefit from the trust. In this article we provide a brief overview of what trustees must do, the duties that they have, and how they can get advice and assistance in carrying out their obligations.

Giving Power of Attorney: How to be clear about your wishes

Monday, 13 June 2022

Kathryn Johnston

Asset Protection

Giving Power of Attorney can be a very overwhelming experience. You need to be confident that you choose someone you trust and that this person will conduct your affairs as you wish. Choosing the right person and making your wishes clear are an important part of the Power of Attorney process, and can put your mind at ease that should you lose capacity, your Attorney has everything they need to carry out their role as you intended. In this article, we provide practical advice for choosing your attorney and making your wishes clear to them.

Appointing and removing executors in Scotland

Thursday, 26 May 2022

Andrew Paterson

Executry Wills

Executors who have been appointed under a Will in Scotland hold a very powerful position with many duties and obligations. They have been chosen by the deceased to carry out a specific role because they have been trusted to administer the estate correctly and in line with the deceased’s will. When an executor has been chosen, it is presumed that they are the right person to carry out this role and as a result, it can be challenging to remove an executor from their position. Unless the executor agrees to resign, they may only be removed from their position by the court. In this article, we look at why you may wish to remove an executor, and the court processes for doing so.

What is involved in obtaining Confirmation for an estate in Scotland?

Wednesday, 18 May 2022

Carol McGovern