Executor wishes to renounce

Paul_R_D

Hi

Looking for a bit of advice please.

Farther in Law has recently died, his will appoints his wife as sole Executor. And states “If an Executor cannot or will not act then I appoint my son (full name given) and my son-in-law (full name given) to act.”

Named sole executor wises to renounce her role due to her age. My question is do we just ask her to sign Form PA15 – Renunciation or do we need to go through a solicitor?

The estate to relatively small, approx.

£5k in bank account,

house in joint names. (no mortgage)

approx. £15k in joint saving account.

If my understanding is correct, house and saving passes to surviving wife.

 

Do we still need to apply for probate to deal with the bank account?

 

Many Thanks

poppystar

Check with the bank* as most would release that amount without probate. MiL may have to provide copy of Will and ID but that should not be too onerous I wouldn’t think. 

* ensure you speak to their bereavement department. Front line staff may not be so clued up.

Keep_pedalling

It sounds highly unlikely that probate is required. MIL is now the sole owner of the house and joint savings. Which bank is the £5000 in?

The_Unready

Your situation is exactly the same as mine was a couple of years ago. My mother renounced her role of executor for my father's estate. My sister and I took on the role instead (as specified in the will for that eventuality).

We needed probate, however, but it was just a case of sending the completed PA15 to the probate office with the other documents that they required.

We didn't use a solicitor to do that, and probate was subsequently granted with no problems.

msb1234

If you use the funds in the solo bank account to pay funeral costs you wont need probate. Just send the bills straight to them and they will pay them directly.

shiraz99

As mentioned, probably no need for her to do anything as probate will not be required for your FIL's estate.