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will, executors, bank account

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  • Savvy_Sue
    Savvy_Sue Posts: 47,798 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    geoteresa wrote: »
    No, I live here and have assets here. My child and an husband also live here. I only want to get an executor from abroad.
    Right, so the complication is that
    • if you die before your husband and while your child is still a minor

      and
    • you want to leave something directly to your child,

      then
    • you have to create a trust, which needs more than one trustee.
    The obvious questions for a solicitor are how old is the child, do you expect to have more, are you in good health? (there are probably others ...)

    I know there's always a risk, but if the risks of you dying young are not high, then the simple answer is to leave everything to your husband, unless he dies before you, in which case it all goes to your child. A solicitor would be able to advise on your options for covering that eventuality.

    The other question to consider is what you'd want to happen to your child if both you and your husband die. If the expectation is that your family abroad would step in, then that's definitely worth spelling out!
    Signature removed for peace of mind
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