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Choosing an Executor

16th December 2019

When it comes to beginning the process of writing your Will, one of the important, and often overlooked, considerations is who to choose as your Executor(s)?

What is an Executor?

Your Executor(s) will be tasked with administering your Will, which includes collecting in the Estate, paying any debts and distributing the estate in line with your wishes.  Whilst, for a simple estate, where the Executor will also be the beneficiary, one Executor may be enough, it is always advisable to name at least two Executors.  The risk in appointing only one Executor is that they may be unable or unwilling to act or may predecease you.

Whom to choose?

You are free to appoint any combination of individuals (such as close family or friends), a firm of Solicitors or a bank/other trust corporations.

For a small estate, close friends and family would have the advantage of familiarity with the Estate and its Beneficiaries.  However, a complex Estate involving many aspects would be time consuming and often overwhelming.  Of course, they could seek advice from a firm of Solicitors of which the cost of legal fees will be paid by the Estate.

You may on the other hand, wish to consider appointing a Professional, such as a firm of Solicitors.  This will mean your Executor has the necessary expertise to administer the estate and has the advantage of removing the burden from family and friends at a time when they will be grieving.

Should you wish to make an appointment to discuss drafting your will, call us on 01442 216 755 and we would be happy to assist.

Sarah Patrick

Trainee Solicitor

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