Executor Loans UK: Borrowing against an estate for liquidity
Executor Loans exist to help executors cover urgent estate costs when they don’t have the cash available to do so.
Guides for Beneficiaries and Executors
Being a beneficiary of a will: What you’re entitled to
Beneficiaries are entitled to receive the inheritance left to them once the estate’s debts, taxes and expenses have been paid.
How is probate in Scotland different to England?
The process of going through probate is called Confirmation in Scotland, but both administer a person's estate after they die.
What happens to Premium Bonds after death?
After death, Premium Bonds pass to the estate. NS&I, the bank that holds them, stops new bond purchases and freezes the account.
What happens if a beneficiary dies during the probate process?
If a beneficiary dies during the probate process, what happens next is affected by timing and what is written in the will.
The importance of liquidity in estate planning
Liquidity in estate planning is important as it means the estate will have accessible cash to cover urgent bills such as Inheritance Tax.
How many executors can a will have?
A will can name up to four executors to be named on the Grant of Probate at the same time. Most people appoint one or two executors.
What happens if an executor dies or can’t act?
If an executor dies or can’t act, the next steps depend on whether anyone else has been appointed to administer the estate.
Can an executor of a will be a beneficiary too?
Yes, in the UK, an executor of a will can also be a beneficiary. This is common when spouses, civil partners or adult children are involved.
HMRC Inheritance Tax changes 2027: what you need to know
From 6th April 2027, HMRC have announced that unused pension funds will be included in the value of an estate for Inheritance Tax purposes.
