Have you made a will?

[El Cid]

1 hour ago, Draggletail said:

But how do you choose an executor if you use the app? I know that the benefactor of the will can also be the executor, but what if you consider them too young for this responsibility,  so how would you choose an executor?

 

I haven't made a will yet, but I have started typing one out on my PC, which I will finalise in a few months/years.

I think the executor should be a beneficiary or be paid.

Edited Thursday at 18:42 by El Cid

[Draggletail]

4 minutes ago, El Cid said:

 

I haven't made a will yet, but I have started typing one out on my PC, which I will finalise in a few months/years.

I think the executor should be a beneficiary or be paid.

Thanks, regarding the executor being a paid professional, do you know if this needs to be pre arranged with them, or could they just be named in the will as the executor?

[Meltman]

1 minute ago, Draggletail said:

Thanks, regarding the executor being a paid professional, do you know if this needs to be pre arranged with them, or could they just be named in the will as the executor?

I think you need to prearranged it and get the agreement of the proposed executors, not just name them in the will.

[Prettytom]

42 minutes ago, Delbow said:

Do you mean lasting power of attorney? Definitely worth doing, finally managed to persuade my mum & dad to do theirs this year, it will mean that their preferences will be more to the fore if they do lose capacity at some point.

I think we mean the same thing. Whilst you do your parents, it might be an idea to do your own. Who knows what is round the corner.

 

https://www.gov.uk/enduring-power-attorney-duties

[Prettytom]

3 minutes ago, Prettytom said:

I think we mean the same thing. Whilst you do your parents, it might be an idea to do your own. Who knows what is round the corner.

 

https://www.gov.uk/enduring-power-attorney-duties

Now I see.

 

I’m stuck in the past, not for the first time😁

 

https://www.gov.uk/power-of-attorney

[Draggletail]

12 minutes ago, Meltman said:

I think you need to prearranged it and get the agreement of the proposed executors, not just name them in the will.

Thanks Meltman 👍I'm  not sure how this could be carried out with an online will, which appears to be a simple option. Maybe it's not so simple. Following the thread with interest...

[Draggletail]

56 minutes ago, Meltman said:

I think you need to prearranged it and get the agreement of the proposed executors, not just name them in the will.

Thanks!

[lavery549@yahoo]

Yes , I have , I now have paid of my Mortgage , so I thought it was important . 

[El Cid]

2 hours ago, Draggletail said:

Thanks, regarding the executor being a paid professional, do you know if this needs to be pre arranged with them, or could they just be named in the will as the executor?

 

If you don’t have anyone that you feel would be suitable, or your family and friends don’t want to take on the role, you could appoint a professional executor, such as a solicitor or an accountant. This can be especially useful if your estate is particularly large or complicated. A professional executor will charge for their services and this will be paid for out of your estate.

 

https://www.co-oplegalservices.co.uk/probate-solicitors/?utm_source=google&utm_medium=cpc&utm_campaign=nb_-_[pro]_-_hagakure&utm_term=probate_fees&infinity=ict2~net~gaw~ar~534433941532~kw~probate fees~mt~b~cmp~NB+-+[PRO]+-+Hagakure~ag~(CAT:NB)(SUB:PRO)&gad_source=1&gclid=CjwKCAjwgfm3BhBeEiwAFfxrG_gxC7u554G3lKZgTiZCFQkSMB1W9dCVDyi8i6XjmKYKDJ3ctLGoGRoCxXgQAvD_BwE&gclsrc=aw.ds

[Padders]

44 minutes ago, lavery549@yahoo said:

Yes , I have , I now have paid of my Mortgage , so I thought it was important . 

Hope your leaving me summat Helen.