There is no single statutory deadline by which the executor must fully finalise every estate.
The most important express deadline is in section 35 of the Administration of Estates Act. The executor must ordinarily submit the Liquidation and Distribution account within six months after Letters of Executorship are granted, unless the Master allows a further period.
Other statutory periods apply to creditor notices, inspection of the account and objections. The executor is also required to perform the administration properly and without unjustified delay. Section 36 gives the Master and interested parties mechanisms to address failures to lodge an account or perform required duties, while removal of an executor is governed by section 54 and other applicable law.
Extensions to the six-month account deadline are common where the estate cannot reasonably be brought to account in time, but an extension should not be treated as permission for inactivity.
See also: How long does a deceased estate take to settle? | How long after someone dies is the money released?
Disclaimer: The information provided here is intended as general guidance only and does not constitute legal, tax, or financial advice. Every situation is unique, and legislation is subject to change. We invite you to reach out to our team at Wealth and Legacy Group for guidance tailored to your specific circumstances.