If there are any tax liabilities on the estate owed to Revenue, unless advised otherwise, your solicitor will oversee this during the Statement of Affairs process and liaise with Revenue to ensure it is addressed and any tax obligations met pre-distribution of the estate. Your solicitor may also recommend an accountant or tax advisor to provide additional support if necessary.
It is important you ensure all obligations are met as the ultimate responsibility for this is the executor or administrator.
Disclaimer: Please note that the information provided in this article is for general informational purposes only and should not be construed as legal advice. It is always recommended to consult with a qualified legal professional for advice tailored to your specific situation. No liability whatsoever is accepted by Simple Probate from any action taken in reliance of the information contained on this website. |
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