Compiling a Will WITHOUT an Executor.

Devonian_Rodders

Hi, Have been constantly been reminded about preparing a will, BUT I am not able to give a name for an executor.
The aim of my partner and I, is to leave the state (including property) to named charities.
As far as I am aware, there are no complications regarding property or effects, so how do I get someone to do the necessary, and is it cost effective, insofar I would want charities to get best benefit.
Welcome any suggestions, especially if I need to have a sitting with a solicitor to discuss beforehand.
Thank you.

Sarahspangles

You can ask one of the charities to provide an executor.

BooJewels

What happens when one of you dies and the other survives and finds themselves chucked out of their home by a charity keen to sell it and get at their dosh?

A charity benefitting and being executor will work well for the second party who passes, not quite so well for the first - so that has to be accounted for in the wording.  But larger charities will execute a will if they benefit, or at least engage their own solicitor to do it.  Smaller charities may not have the capacity to do that - especially - for example - the survivor has been in care for a while with a charge put on the property by the local authority who will want paying back for the care they've provided and there might not be much left in the pot for the charity, to make it worth their while.  There are a multitude of such scenarios that might need consideration.

At least you're intending using a solicitor, which will allow them to present you with various 'what if' scenarios to consider.

p00hsticks

Devonian_Rodders said:

Welcome any suggestions, especially if I need to have a sitting with a solicitor to discuss beforehand.

You refer to a partner - is there any reason why you are not making each other executors ?
When the time comes if they feel they need help  they can always engage a solicitor or approach the relevant charity for assistance ...

Marcon

Devonian_Rodders said:

Hi, Have been constantly been reminded about preparing a will, BUT I am not able to give a name for an executor.

Why not? You name your partner and your partner names you as sole executor. Cite a fallback position in case you both die at approximately the same time (you can't die at exactly the same time in the eyes of the law!), or if the sole executor dies before the job is completed. As already suggested, if you are leaving funds to a large charity, they may well be willing to nominate an executor, who will of course expect to be paid to do a professional job.

Mojisola

Marcon said:

You name your partner and your partner names you as sole executor.

Cite a fallback position in case you both die at approximately the same time (you can't die at exactly the same time in the eyes of the law!), or if the sole executor dies before the job is completed.

As already suggested, if you are leaving funds to a large charity, they may well be willing to nominate an executor, who will of course expect to be paid to do a professional job.

I would just name the charity receiving the most money as the reserve executor.  If the charity is big enough to have in-house solicitors, they will do the job; otherwise, the charity will appoint a solicitor to take on the role.

If there are any relatives who might challenge the will, the usual advice is to leave a letter with your will stating your reasons for the money going to charities and not blood relations.

theoretica

As above, if the charity are appointed executor (for the second death) they will also want to maximise benefit to them, so everyone will have the same aim.

Robin9

A couple named two charities as executors for their wills.

On the first death one -  a big national - was aggressive . The second - local hospital - thanked the survivor and hoped it would be a long time till they benefited.