Executor of estate = Bank - can I change .....

Any

Sorry, your father made them the executor, it was his wish and I simply cannot see why should you think it is anyones right to change his wishes after his death.

Why is anyone supposing he was coerced into it I don't understand, because in the OP it was said that Lloyds always dealt with father's finances.

Dad might have been completely aware of the costs, but given that he left estate of £600k and the fees are £3-4k he probably considered that good value to have someone who knows what they are doing doing it, and not his sons, daughters etc who might just end up having difference of the opinions, not knowing what they are doing, messing it up or paying for solicitor themselves.

Maybe he read on here so many times how many people go on here and say "my uncle/auntie/brother is dealing with the estate, they are running around in the car claiming it's theirs and they are keeping the paperwork from me etc etc et"

fluffnutter

pierrelejohn wrote: »

I guess the moral of the story is get as much into joint accounts, then it will pass automatically to the spouse (and not use a bank)

Money passes to the spouse anyway (up to a certain amount, the rest is split between children). It doesn't need to be in a joint account.

If you specify differently in your will, money can go elsewhere of course. I'm just talking about the usual rules of inheritance and trying to make the point that the bit about joint accounts is irrelevant. Husbands and wives are legally deemed to jointly own everything regardless of whose name an asset might be in.

ognum

I think you are being charged a lot for the little that the bank is doing and the moral of this is to not ever appoint a bank or solicitor as an executor
I would however say that being an executor is not a walk in the park I have just got probate on an estate that involved two will trusts as well as lots of bonds stocks and property and the cost for the solicitors help was £1500 but I have worked everyday for several hours to unravel the estate etc so it would not be for everyone Once probate is granted their are tax returns etc to do so while anyone can do it be prepared to keep driving the situation onward I got probate despite the complications in 4 months but there is still several months of liguidating assets etc