As executor I have recently dealt with the demise of an elderly relative. This lady had been resident in a care home for many years and had no personal property. After funeral expenses there remained less than £10,000 in her bank account.
The bank has agreed to pass the contents of the account to the beneficiary named in her will on the basis of sight of the will, and without the formality of probate.
From my point of view as the executor, is that the end of my responsibilities? I have also received from the bank copies of 5 years of her bank statements, which the bank indicates it is under obligation to provide.
What is the purpose of these statements, and as executor have I any obligation to pass them to any official body?
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