Has the executor exceeded his authority?

Fire_Fox

Ted1950 wrote: »

He made a mistake?? Claiming to be the guardian of someone else's children and setting up ISA's instead of trusts is not a mistake, it's incompetence.

Firstly you were not at the bank appointment so you don't know exactly what he was asked nor answered. it's quite possible to mix up being a trustee with being a guardian (of the money), also quite possible to mix up in trust with a child trust fund and so on. Sounds to me like this relative was trying to maximise your children's inheritance, solicitors administering estates cost thousands. You sound completely ungrateful and unnecessarily officious, no money has been lost and no harm has been done. The poor man is bereaved for heaven's sake.

Mistral001

Fire_Fox wrote: »

Firstly you were not at the bank appointment so you don't know exactly what he was asked nor answered. it's quite possible to mix up being a trustee with being a guardian (of the money), also quite possible to mix up in trust with a child trust fund and so on. Sounds to me like this relative was trying to maximise your children's inheritance, solicitors administering estates cost thousands. You sound completely ungrateful and unnecessarily officious, no money has been lost and no harm has been done. The poor man is bereaved for heaven's sake.

I got that impression when I first read this thread, however the OP seems to have taken the problem seriously enough to contact a solicitor about the the matter and more importantly the solictor seems to have taken on the case. Most solicitors would not want to become involved and leave it to the solicitor who is handling the estate. In fact as far as I can see another solicitor cannot really advise on the matter unless the OP wants to contest the will or sue someone.