What is ‘executry'?
The term ‘executry' is used to describe the process of distributing the estate of someone who has died after it has passed to an executor for distribution. The estate is made up of the person's money, property and belongings. The executor is the person that the deceased has appointed in their Will to deal with the distribution of their estate. In cases where there is no Will, the Court will appoint someone to fulfil this role.
It is not uncommon for someone to appoint a firm of solicitors to act as their executor. Doing so will ensure that all the appropriate legal rules are followed throughout and that mistakes are not made which could lead to problems or delays in the distribution of the estate. Having a solicitor take on this role can also avoid disagreements between family members or loved ones when it comes to sharing out the deceased's assets. When a family member or friend has been appointed as the executor, many choose to appoint a solicitor to assist them in their role.