October 14, 2021
Budget 2022 was announced on the 12th October, 2021. It is Minister for Finance, Paschal Donohoe’s fifth budget and the second of the coalition government between Fianna Fáil, Fine Gael...
Administration of Wills and Estates
In most cases a grant of representation is required to deal with the estate of a person after their death. The personal representative of the estate is responsbile for applying for the grant and administering the estate of the deceased. However, few people appreciate the complexity of the role and the time it requires. Lavelle Partners possess decades of experience in administering estates. We advise on all aspects of the administration and assist the personal representative in carrying out their functions in an efficient and timely manner whilst achieving an optimal outcome for beneficiaries. We have expertise in dealing with all types of estates ranging from simple to complex estates, Irish only to international estates and estates incorporating trusts.
Our solicitors will provide tailored advice in a sensitive manner to ensure that the estate is managed with efficiency and meticulous care. Our solicitors’ extensive knowledge of the process of obtaining a grant of representation alleviates frustrating delays with your application.
On death, it is the role of a personal representative to take responsibility for the remaining estate. A personal representative is called an ‘executor’ if they are named as such in the will, or an ‘administrator’ if no executor is named (or if no will exists).
The duties of a personal representative are extensive and include (but are not limited to) some of the following:
The law allows one year for known as “the executor’s year” for a personal representative to allocate to beneficiaries that which they are owed under the estate. However, much depends on the size and complexity of the estate and factors such as the ability to identify and locate beneficiaries or wherhe there is litigation against the estate.
By instructing Lavelle Partners, you can be confident our team has the knowledge and experience to deal with your estate in a timely manner, regardless of its complexity.
For further information regarding administration of wills and estates in Ireland, please contact our wills and estate planning expert, Jennifer Morrow, on 01 644 5800.
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