Executry and Estates

Dealing with the estate of a loved one can be stressful, particularly at a time where you are still grieving. That's where Fulton's comes in.

We understand how stressful legal paperwork can be when you’ve lost a loved one. Our expert team promise to help you navigate the legal matters of winding up an estate with the minimum of fuss.

We offer a range of support, including:

Appointing an Executor

Understanding your legal rights

Winding up the estate, preparing an inventory of assets and liabilities

Inheritance tax and valuing the estate

Start a conversation today.

Frequently Asked Questions.

What does an estate include?

Your estate is everything you own when you pass away, for example money, property, possessions, debts, and any other shares or trusts that you may have, for example, your pension. Digital assets are also included, such as cryptocurrency.

What is a solicitor’s role when someone passes away?

Whilst you decide who the Executor of your estate will be, we as solicitors are here to provide guidance and legal support. We have decades of experience in navigating the legal process. We can help the Executor in carrying out the duties of winding up an estate, for example applying for confirmation, explaining taxes, navigating legal rights claims, and obtaining discharges.

How long can an Executor take to settle an estate?

This all depends on the size and complexity of the estate. It can take several months to years and depends on many factors. For example, the Executor needs to identify, gather, and then value all of the assets. This can take longer when things like businesses or real estate are involved, as they’re more difficult to value. Also, any outstanding debts and taxes have to be paid before an inheritance is distributed. If the Will is contested, this could cause further delays.

What do I need to do if I’m chosen to be the Executor of someone’s estate in Scotland?

In the first instance, we would advise to get in touch with a legal expert who can help you navigate the process. As an Executor of a Will in Scotland, you will be responsible for identifying and valuing the assets of the person who passed away, as well as ensuring that their outstanding debts are paid. You need to apply for confirmation, and ensure the estate is distributed to their beneficiaries as they set out in the Will.