What is a letter of administration after death?
What is a letter of administration after death?
A Letter of Administration is a court order that allows you to administer (divide up and hand out) the assets left behind by the person who died without a valid Will. Letters of administration are important when someone close to you passes away without a valid Will (or with no Will at all) things can get tricky.
Who is entitled to take out letters of administration?
In order for a non-official partner to have any right as an heir, the grantor needs to make a will. If the deceased’s estate is less than £270,000, the full estate will go to the spouse or civil partner, and only this person will be entitled to take a letter of administration.
What happens when letters of administration are granted?
A grant of letters of administration is an official court document that proves you have the authority to deal with someone’s estate. Once the document has been issued, you’ll be able to act as the administrator of the estate, allowing you to close bank accounts, sell property and distribute assets to beneficiaries.
Who is entitled to letter of administration on intestacy?
Therefore, the next of kin, such as a spouse, takes on the role of administering the deceased’s estate. They can’t do this until they receive a grant of letters of administration on intestacy.
Can a person receive a letter of administration without a will?
Letters of administration (without a will) If a person dies without a valid will, there is no executor and therefore they have died intestate. Therefore, the next of kin, such as a spouse, takes on the role of administering the deceased’s estate. They can’t do this until they receive a grant of letters of administration on intestacy.
Who is the person empowered by a letter of administration?
The person empowered by a Grant of Letters of Administration to administer a deceased’s estate is known as the administrator. In administering the estate, the administrator is required to first pay the debts, liabilities, taxes, funeral and other expenses of the deceased.
Can a beneficiary apply for a letter of administration?
A beneficiary under a will may apply for letters of administration with the will annexed if the deceased had a valid will but: the executor is outside Australia and has appointed you as their attorney to apply to administer the estate (while the executor is outside Australia).