I am the executor of a will. I have obtained a grant of probate and I’m now going to advertise for creditors. Do I need to place an advert anywhere else apart from in the London Gazette? I understand I then have to wait two months. Does this mean that if any creditors appear after two months they have no claim on the estate?
After the two months have elapsed you as executor will not be personally liable to anyone owed money by the deceased. The debt isn’t wiped out though, and the creditor can sue the estate and if necessary recover the money from the beneficiaries. If the deceased owned land or a property you should place an advertisement in the local paper in addition to the London Gazette.