What happens if all executors renounce?

6 Posts

Hello,
We are dealing with a family member's will at the moment but all three of the executors want to renounce due to poor health and time constraints.
There are only two beneficiaries, both children of the deceased, but only one of them is an executor. Does anyone know if it's possible for the son that is not currently an executor, but is a beneficiary, to become an executor if the others renounce?
The only thing that has been done so far apart from the funeral is that the bank have been told and the account is now frozen, the money has not been touched. So I think that should be ok as far as 'intermeddling' rules go.
Have tried to google it but there's very little information about if ALL executors renounce. If it was just one, it does seem to be fairly straight forward.
Thank you.
We are dealing with a family member's will at the moment but all three of the executors want to renounce due to poor health and time constraints.
There are only two beneficiaries, both children of the deceased, but only one of them is an executor. Does anyone know if it's possible for the son that is not currently an executor, but is a beneficiary, to become an executor if the others renounce?
The only thing that has been done so far apart from the funeral is that the bank have been told and the account is now frozen, the money has not been touched. So I think that should be ok as far as 'intermeddling' rules go.
Have tried to google it but there's very little information about if ALL executors renounce. If it was just one, it does seem to be fairly straight forward.
Thank you.
0
Latest MSE News and Guides
Replies
I did think that he should have his direct family as executors.
My friend wouldn't want to appoint a solicitor as executor, because of the cost.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/990698/PA15_0421_save.pdf
The other (non-executor) child could presumably informally help out with some of the leg-work?
The other options are that the executor son ask his sibling to undertake the work involved in administering the estate, and the estate reimburses the sibling the normal costs, but the executor son actually applies for probate. Simply signing a form witnessed by a solicitor.
In our case I'd actually put together a file detailing 95% of the financial information need to apply for probate before we'd even found the executors of the very old will. That's actually the hardest part. And apart from one account little else financial was needed to complete the application.