As Executor why am I going to do Probate? If you are an Executor then…
Life Insurance
Many people take out life insurance so there is something to support the people that are left behind. It is a really kind thing to do. Did you know you could nominate the life insurance to go into a trust. You will improve the situation because the money will still go to who you wanted it to but if it goes through a trust, it doesn’t increase the intendeds estate and will reduce the chance of Inheritance Tax when they pass. If you want to find out more please give me a call.
