Last will and testement - executor

[EternalOptimist]

Look like I will be the executor for me dear old mum, when she shuffles off her mortal coil.
Does anyone have any experience of this ? She also wants me to get her will knocked up by the weekend


hey ho

[Moscow Mule]

She also wants me to get her knocked up by the weekend

Are you from Norwich?








*this quote has been edited for comedic effect.

[Numpty]

Look like I will be the executor for me dear old mum, when she shuffles off her mortal coil.
Does anyone have any experience of this ?

Being your mum's executor or shuffling off this mortal coil?








igmc...

[Paddy]

Yes.
I hope that your mum lives long.
Is your father still alive?
Are there any other executors?

You need to make sure the Will is watertight. Solicitors make their money by making the will ambiguous.

Being an executor cost me £30k you will be amazed how people act when there is a Will with money at stake.

[Peoplesoft bloke]

I was executor to my Dad - but on his lawyer's advice, he'd included the lawyer. This slowed the process and made it more expensive (which is the entire point of lawyers)

[EternalOptimist]

Dad is dead and the house is a joint tenency with my sister, so the house drops out of the equation.

How did it cost you 30k ? whats the story there ?


I do not plan on using a solicitor or lawyer

[thunderlizard]

Best advice I can give is make the will detailed enough to cover everything that the beneficiaries could possibly argue about. Unless it's absolutely clear who gets Great Uncle Berty's medal for Best Cauliflower in Show 1919, there'll be strife.

[Paddy]

Dad is dead and the house is a joint tenency with my sister, so the house drops out of the equation.

How did it cost you 30k ? whats the story there ?


I do not plan on using a solicitor or lawyer

The story would make a good movie but I was a joint executor with a half sister. The Will was drawn up with a straight spit between four siblings. There were objections to the split by the others because grandchildren were not directly provided for in the Will but it was up to the individual siblings to provide for them out of their own cut. They contested the Will and what they couldn’t get there hands on; they stole from the estate and bank accounts. The excuses were from those who contested the Will (including the other executor) was that the Will was made a long time ago and if mum was alive she would have made a different Will.

I refused to sign off the accounts because they were grossly inaccurate. It went to litigation at the High Court and although I engaged the best barrister in that area of practice (I should have won hands down) the barrister had to drop out the case the night before and I was left with an absolute Muppet replacement. The High Court scheduled the case for a whole day but the Judge turned up had said it only wants the hearing to last ten minutes and refused an adornment. The result I was f$£ked.

Part Two later…

[Paddy]

Best advice I can give is make the will detailed enough to cover everything that the beneficiaries could possibly argue about. Unless it's absolutely clear who gets Great Uncle Berty's medal for Best Cauliflower in Show 1919, there'll be strife.

Yes, exactly

[thunderlizard]

There were objections to the split by the others because grandchildren were not directly provided for in the Will but it was up to the individual siblings to provide for them out of their own cut.

That is a popular one. Of course, the parents of the grandkids are assuming that nobody else will have any more kids of their own in future, but there's no arguing with parent logic!