Are You an Executor?
If you have been nominated as an executor, you do not need to accept. There is no legal obligation to agree. You can renounce being an executor and transfer the role to an independent executor like us. This should be done as soon as possible after the death as it gets more difficult to renounce once you have started acting in the role of executor.
There are many reasons people are unable to accept the role of executor. This can include living overseas, not having time for the many demands, concerns about having to manage family issues and concerns about taking on the risks of being an executor.
Being the executor of a Will can be a complex, time-consuming and demanding job, which requires dedication, experience and professionalism. Many people appoint a friend or relative as their executor thinking it is a compliment - a way of acknowledging their respect or admiration for that person. The reality is that people can be left with the burden of a loved one’s estate to sort out at a time when they are grieving and distressed.
Family conflict and emotional issues can also make this an extremely stressful experience. We can assume responsibility for the administration of the estate freeing you from the personal obligations and liabilities that go with the role of executor.
If you are the executor of a Will and require a professional helping hand contact us on 1300 364 103 or complete our contact form.