Why Does An Executor Or Administrator Of An Estate Need Insurance Protection?

Even the most straightforward of wills can involve hidden difficulties and probate regulations are complex - this can leave executors/personal representatives and administrators vulnerable to potential legal claims by beneficiaries, estate creditors and the tax office.

What Does Our Executors Insurance Policy Offer?

Protection against errors made during probate

Legal expenses cover + 30 minutes of legal advice

An 18 month policy with cover of up to £1,000,000

£560 premium protects up to four executors

The cost of the policy can be covered by the estate as a legitimate legal expense, so you pay nothing.

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Resources for Executors

Executor Information

The Trustee Act of 2000 which extends to England and Wales, has clarified the law on the management... Read More
FAQS

Being an executor or administrator is a serious legal responsibility and any executor faces the... Read More
How We Can Help

The cost of taking out Executors Insurance for one year can be less than the cost of an hour of legal advice... Read More

Case Studies

Executors Became Personally Liable for Defence Costs of Over £1million

Executors dealing with an estate with multiple beneficiaries, resisted an action against their removal by one of the beneficiaries, the daughter of the settlor, who brought a claim alleging conflict of interest. She argued that the executors were two closely aligned to one group of beneficiaries, the settlor’s son and children. The daughter believed that… View Article

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Executors Pay Nearly £14,500 to HMRC after Underestimating Deceased’s Income

In 2012 executors of Terence Guy submitted a final income tax return, paid the inheritance tax that they thought was due and closed his estate distributing it amongst his beneficiaries. Then in 2014 HMRC came back with a query on the accuracy of the tax return and concluded that his income had been underestimated. HMRC… View Article

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Executor Ordered to Pay Costs for Failed Appeal

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Court Awards Daughter £30,000 after Estate of Estranged Father has been Distributed by Executor

In July 2017 the Supreme Court awarded an estranged daughter £30,000 from her deceased father’s estate although her father, Stanley Nahajec, had clearly stated in his will that he wished to make no provision for any of his children, instead leaving his entire estate to a friend, Stephen Fowle. Two of his three children made… View Article

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Executor fails to tell insurer about mortgage interest and claim is unpaid

An Executor let out a house which was part of the estate to a tennant without telling insurers about interests of mortgage provider. As a consequence when a claim arose the insurers refused to pay. In addition the mortgage also had to be re-arranged at considerable cost to the executor.

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Executors Need to be Balanced and Fair to Protect Against Claims

Insurance To Protect
Executors Of A Will

Frequently Asked Questions

Executor Or Administrator Liabilities

Don't Get Caught Out With Claims

Why Does An Executor Or Administrator Of An Estate Need Insurance Protection?

Resources for Executors

Executor Information

FAQS

How We Can Help

Case Studies

Executors Became Personally Liable for Defence Costs of Over £1million

Executors Pay Nearly £14,500 to HMRC after Underestimating Deceased’s Income

Executor Ordered to Pay Costs for Failed Appeal

Court Awards Daughter £30,000 after Estate of Estranged Father has been Distributed by Executor

Executor fails to tell insurer about mortgage interest and claim is unpaid

Executors Need to be Balanced and Fair to Protect Against Claims

Insurance To Protect Executors Of A Will

Frequently Asked Questions

Executor Or Administrator Liabilities

Don't Get Caught Out With Claims

Why Does An Executor Or Administrator Of An Estate Need Insurance Protection?

Resources for Executors

Executor Information

FAQS

How We Can Help

Case Studies

Executors Became Personally Liable for Defence Costs of Over £1million

Executors Pay Nearly £14,500 to HMRC after Underestimating Deceased’s Income

Executor Ordered to Pay Costs for Failed Appeal

Court Awards Daughter £30,000 after Estate of Estranged Father has been Distributed by Executor

Executor fails to tell insurer about mortgage interest and claim is unpaid

Insurance To Protect
Executors Of A Will