What is a Letter of Wishes and what does it contain? A letter of wishes is a document that can be put in place alongside your Will. This gives guidance to your executors, your loved ones and your trustees, if you appoint any. It is not legally binding, but it can be very useful to let people know what you…
Self-dealing in estate administration We take a look at the rule against self-dealing in estate administration. Executors who are dealing with the administration of an estate after someone’s death need to be careful not to breach the rules designed to protect beneficiaries. This includes not buying assets from the estate. Known as self-dealing, buying assets from an estate if you…
