Appointing an executor
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tightwadess
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Depends on circumstances, really, as sometimes it may seem unavoidable especially where there is likely to be major contention or dispute regarding the will and/or the estate.
However, it will prove expensive.“All shall be well, and all shall be well and all manner of thing shall be well.”0 -
Think general the advice is no, don't do that. They are expensive and take their time too. Name a beneficiary/friend/family member as executor(s), if they then chose to, they can appoint a solicitor, it's their choice
Brighty0 -
If you don't use a solicitor, who would you consider using instead?0
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I personally wouldn't - executors can choose to use a solicitor if they need legal help with a will, but forcing the involvement of a solicitor results in loss of that choice and inevitably higher costs.:heartpuls Mrs Marleyboy :heartpuls
MSE: many of the benefits of a helpful family, without disadvantages like having to compete for the tv remote
Proud Parents to an Aut-some son0 -
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tightwadess wrote: »My mom is making a will and wanted to appoint me. Myself and my husband are going to be making a will and we will appoint our 2 daughters
i just wasnt sure if its was a good idea or not to use a solicitor.
It's best to appoint more than one executor in case one dies early or, for some other reason, can't take on the job.
The will can be worded so that you are the executor with a back-up or can appoint two people to work together.
If they can't cope at the time, a lay executor can appoint a solicitor to do the work without making the solicitor the executor.0 -
The largest residual beneficiary is often a good choice, end of the day it is their(potential) money that pays for the solicitors so they have a vested interest to keep costs down.
If the distribution is skewed toward legacies with a smaller residual this may need adjustment.
If minors are involved then that can influence the choices.0 -
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tightwadess wrote: »My mom is making a will and wanted to appoint me. Myself and my husband are going to be making a will and we will appoint our 2 daughters
i just wasnt sure if its was a good idea or not to use a solicitor.
Providing your daughters have a good relationship and are not going to fall out over the will then they would be ideal executors. We have 3 named, each other and our 2 children.
If you look through some of the threads here you will find some cases where a solicitor would have been a better choice over feuding children, but I think for the majority of us our children are a better option.0 -
tightwadess wrote: »Thanks so can she also appoint my husband or does it have to be a blood relative
No, it doesn't have to be a blood relation.0
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