Executors: Helping clients get up to speed on the expanding role

While the new year may bring the prospect of positive changes, the continuing evolution in the role of an executor in recent times is such that even those with the most determinedly benign disposition would not relish. The persistent increase in interest rates over the course of 2023 and the subsequent weakening of the housing market, present executors of estates containing real estate with a previously little-encountered dilemma. Inheritance tax that relates to a property can be paid over ten annual instalments: the rationale being that this makes it easier for houses to remain in th...