Trustee Notices (Section 27) Local Advertisement

Official publication of a local advertisement in a relevant newspaper to advertise for potential creditors, protecting Executors from potential liability to unknown creditors.

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As an Executor or Administrator your legal responsibilities include identifying and discharging any potential debts or liabilities, however not all potential creditors will immediately be identified. It is therefore recommended that upon receipt of the Grant, you place advertisements for potential creditors. Section 27 of the Trustee Act 1925 affords the Personal Representatives placing a statutory advertisement in The Gazette protection from personal liability to unknown creditors after distributing the estate. In addition, to a notice in The Gazette the legislation requires Personal Representatives to publish a notice in a newspaper circulating in the district in which the land (or property) is situated

Where the deceased owned property or land, failure to place a deceased notice in a relevant newspaper could result in the Personal Representatives becoming personally liable for any potential liabilities to creditors of the estate. As an alternative to placing notices “No S.27” insurance offers a way of indemnifying both Executors and Beneficiaries from potential liability to unknown creditors, which is often a helpful where the Executor and Beneficiary are the same, or there are time constraints

  • Publication of deceased notice in local newspaper
  • We recommend suitable publications and pricing
  • Protects Executor from liability to Unknown Creditors

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Publication of a deceased notice in the relevant local newspaper to advertise for potential creditors

  • Publication in Local Newspaper
  • We recommend suitable publications
  • Protects Executor from Unknown Creditors
  • Financial Asset Searches have become an integral part of estate administration. We now commission these searches as a matter of course, and have found that it makes the task of information gathering infinitely less time-consuming and difficult. Tom Bottomley, Partner
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  • The Financial Profile Service helps us demonstrate all reasonable due diligence in matters where we're appointed as Executors. In a recent matter the Report helped us identify additional assets which our client and the beneficiary greatly appreciated. Charlotte Day, Solicitor
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  • We use the Financial Profile Service when appointed as Executors to help us clearly demonstrate we’ve met all our statutory duties. The report is clear and easy to use, helping us quickly make targeted additional enquiries to secure estate assets when required. Rachel Roche, Solicitor Director
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