Fee guarantee for an estate distribution executor is a financial support you can apply for if you’re unable to afford an estate distribution executor yourself. In the event of a divorce or separation, the district court can appoint an executor if you and your former partner can’t agree on how to divide your property. The executor is responsible for making sure that you divide your assets fairly. If you’re granted a fee guarantee, the government will pay for up to five hours of the executor’s work.
What is a property division?
A property division is done when two people separate—such as during a divorce or when cohabiting partners split up. It can also take place if one person in a relationship passes away. The division involves splitting up the assets and debts accumulated during the relationship. This could include your home, money, or other valuable possessions.
Usually, the parties involved try to come to an agreement on their own. But if that’s not possible, the district court can appoint an estate distribution executor to help ensure a fair and legally correct process. Sometimes, the process can become lengthy and expensive, especially when there’s conflict. In those cases, applying for a fee guarantee can be helpful.
How to apply for a fee guarantee for an estate distribution executor
If you can’t afford to pay for an executor, you can apply for a fee guarantee. Only one of the parties can receive the compensation. It covers five hours of the executor’s work, which is often enough to begin or complete the process. To apply, contact the district court where the executor was appointed and fill out the application form. The court will then review your financial situation to determine whether you qualify.
Make sure to apply for the fee guarantee as soon as the court appoints the executor, especially if you know you won’t be able to cover the costs. Applying early can help prevent delays in the process.
Do you need legal help?
We have several lawyers who can help you in this area. Book an appointment with one of them in the Kliently app, or contact us to hire one of the lawyers. We recommend: Marie-Louise Silfwerax,
Samir Baraka,
Aja Wadii
