The notary can help you when a loved one dies
Often shortly after a death all kinds of things come to you that your head is not at all about at that moment. Think of the bank that blocks the accounts, mail from the tax authorities, in-laws who suddenly want to take the lead, bills that have to be paid, the worker who wants to clear up the vacant house and insurance policies that have to be canceled or collected. This is just a sample of the concerns of others that you may encounter unsolicited shortly after a death. Then it is good to know that the notary can be of service to you on various matters by taking all kinds of unpleasant business out of your hands.
Declaration of Succession
After you have reported the death to the bank, the bank asks for a certificate of inheritance. This is a statement drawn up by the notary and stating who the heirs are. The conclusion also states who is authorized to act on behalf of the heirs as an agent or executor. During your visit to the notary Office you can always ask for advice or assistance in the further settlement of the estate. This does not only have to be in financial or fiscal terms, but it can also cover all kinds of practical matters that play a role in the settlement process.
Declaration of execution
If an executor is named in the will, the notary makes a declaration of succession, but a declaration of execution. The executor is the person who can ask the notary to act as estate notary. The notary supports the executor where that is desirable and can, for example, also serve as a point of contact for annoying creditors or heirs. It is often advisable to have the notary take care of the final division of the estate. After all heirs have signed for approval, the notary pays out the inheritance, after which they will not be returned. In this way it can be prevented that people start talking about the settlement of Uncle Wim’s legacy on birthdays.
Notary as Executor
If you do not know anyone who you can appoint as executor of your will, or if you expect problems between the heirs, you can always appoint the notary as executor of your will. In this way, the notary takes responsibility for the complete settlement of the estate, including a possible division of the household effects, eviction and / or sale of the home and financial management. After the estate has been settled, the notary reports to the heirs. Everyone therefore receives their inheritance, but is not burdened with the care and responsibility that the settlement of an estate entails.
For more information please contact us. Van Lenning Notaries is happy to help!