The death of an employee is a difficult time for the family and the employer will often wish to be as helpful as possible by making payments of wages and other amounts due without delay. Doing this though Cheap Riley Nash Shirt , could mean that the employer makes the payments to the wrong person.
The points below set out what the employer should consider and documents they should ask to see before making any payments, in order to avoid later claims from the rightful heirs.
Is there a valid will?
If the employee made a will which was still valid at the date of death Cheap Anders Bjork Shirt , it will usually state who is entitled to deal with and hold the assets in the estate. These are called the executors. Their role is to realise the assets in the estate, pay the liabilities and distribute the balance to the beneficiaries named in the will. The executors and beneficiaries can be the same people but this depends on what the will states. Executors are authorised to act by the will from the date of the death Cheap Bobby Orr Shirt , but the Grant of Probate is confirmation that the court has found the will to be valid. Usually the Grant of Probate will not be issued for a couple of months after the death and the delay can be difficult for the family.
If the employer is to be sure that they are paying funds due to the estate to the right people they should wait to see the Grant of Probate and only pay funds to the people named as executors.
What if there isn't a will?
If the employee did not make a valid will the estate passes under the intestacy rules. These rules give a set order of priority starting with any surviving spouse or registered civil partner, followed by children and then remoter relatives. If the employee was married or in a registered civil partnership when they died intestate Cheap David Pastrnak Shirt , the survivor will be one of the people entitled in priority to administer the estate.
A surviving spouse or registered civil partner will, as long as the estate is solvent Cheap Brad Marchand Shirt , be entitled in priority to the first tranche of the estate as well as to the role of administrator.
Co-habitees have no rights to an estate unless they are named as an executor or beneficiary in a will. They may be potential beneficiaries of death in service benefit trusts or pension schemes however.
If there is no surviving spouse or registered civil partner or any doubt as to whether the employee was married or in a registered civil partnership or had a will, the employer should wait until they are presented with a court sealed copy of a Grant of Letters of Administration and only make payments to the administrators named on it.
Becky - About Author: There are various types of payments that can be made but it is advised that you should speak directly with an international law firm Cheap Tuukka Rask Shirt , so you can obtain the correct legal advice.
If you have found yourself deeply in debt recently you may be considering working with a debt consolidation company. How do you choose the best one to work with though? Here are some tips for picking the right one for you and your financial situation.
The first thing to do is to get all your bills gathered together and figure out the balances you owe so you know what you’re talking about when you go to consult with a company. As you start to do some research about which company to use don’t trust a company that says they have all the solutions to your financial problems. Especially do not trust thrones that say they are free. You will see this type all over the web and on late night television. Having to consolidate your debts is serious. You do not want a company that does not treat it that way.
The next thing is to do your research into some companies. Do basic internet searches, check magazine articles and find comments from clients who have used them in the past. Ask your friends and family for references. If you are doing a refinance or a second mortgage on your home Cheap Patrice Bergeron Shirt , consider using the same lender you worked with the first time if they handle that kind of loan.
The next thing to do is to make an appointment with two or three of the companies you have found to be reputable and that seem right for you. Talk to the representative of the company and ask any questions you can think of (it does not hurt to write a list of questions to bring). Make sure you ask all the hard questions also, things like what will happen if you cannot continue making payments for some reason. Ask if there is a penalty if you make advance payments.
Remember though that the best consolidation company will honestly answer your questions Cheap Jake DeBrusk Jersey , work with you, and be willing to help you get your financial affairs back in order. Take your time and do your research and you will find the best company for your particular situation.
NOTE: By researching and comparing the top debt consolidation companies in the market Cheap Charlie McAvoy Jersey , you will determine the one that meets your very specific financial situation.
You are very welcome to visit the Credit Card Debt Consolidation website – where you can see the best rated debt consolidators on the market.
Proudly sponsored by the Auto Loan Rates team.
Moms and dads, are there times you think that parenting would be easier if you didn't have to make family decisions? Having a partner that is not in agreement with your parenting ideas or discipline approaches is more than just frustrating. It can be a cause of division in even the best of relationships. Furthermore Cheap Tim Schaller Jersey , how you handle your disagreements will have a direct impact on your relationship with your partner and with your children.
It would be great if every couple agreed on everything but that is an unlikely event. One partner may have been raised in a relaxed environment; another may have been raised in a very strict home. What is acceptable by one partner may be appalling to another. It is im