Other things to consider
Who'll be your executor
Executors are the people you choose to carry out your wishes after you die. Some of their duties include:
- Obtaining details of all assets and debts
- Preparing Probate papers and HM Revenue and Customs account for Inheritance Tax
- Calculating and paying Inheritance Tax to HM Revenue and Customs
- Paying all debts
- Arranging house sales and disposal of contents
- Distributing the assets in line with the terms of the will.
You can nominate Skipton Trustees Limited to be one of your executors, or your sole executor. Not only do they have the technical knowledge and an objective, unbiased approach, but they will also be able to relieve those you love of this great responsibility.
Who'll store your will
It's important that your will is kept somewhere safe. As part of our Will Writing Service, we can arrange for your will to be stored in Skipton Building Society's vault free of charge. You will, of course, receive a copy for reference, but you will have the comfort of knowing that the master copy is safe and secure.