Administration of Estate confusion

samer44

Hello,

I'm finding the following clause in checking over my mothers will confusing:

3.    My Executors may sell or convert any or all of the remaining assets as they consider appropriate and then shall hold my estate in trust on the following terms:

My question is how can both "the Executors sell the remaining assets" as well as "and then hold the estate in trust"

It seems to be be saying 2 things? assets and estate are one and the same thing?

The Definition of Estate is as follows:

1. My estate shall mean all my legal and beneficial interests in property, money and possessions.

If anyone can shed light on this I would be very grateful.

regards

Samer

bobster2

It's just standard will wording.

During the period of administration the executors technically hold everything "in trust" before distributing to beneficiaries.

E.g. if the estate included a car, and some cash savings accounts - the executors could sell the car and add the proceeds to the savings - then hold all the money "in trust" prior to distribution. At that point the estate will just include cash (no car).