Wills

If you are tasked with being the Executor or Administrator of the estate of a lost loved one who left this world too soon, you know that whilst still grieving you must act in an administrative role to close out their affairs. After organising the funeral, the next step is to ascertain the lost loved one’s assets and liabilities.

Typical assets and liabilities may include, for example:

• real estate
• mortgages
• cars
• personal loans
• cash
• bank accounts
• credit cards
• furniture and household appliances
• jewellery
• shares and other investments
• business holdings
• insurance policies
• superannuation

Determining the Liabilities ...