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  What is an Executor?

What is an Executor?

An Executor is the person you appoint in your will to carry out your wishes and deal with your affairs. Initially you will probably want your Spouse or partner to be your Executor and then one or two people to act on Second Death or in the event of both Deaths.

Your Executor can be a Solicitor, an organisation such as a Bank, or an individual (a family member or friend).

If you appoint a Solicitor he will (quite rightly) charge for his time when dealing with your Estate. If your partner should pass away and a Solicitor is appointed you should expect to pay £1500 - £3500 for a very simple Estate. If there is a property involved then your bill would be nearer £3000.

If you appoint a Bank, the charges are likely to be much higher than your local Solicitor. In June of this year HSBC Bank charged one of our Clients over £5000 to deal with her late husband's Estate which consisted of the house being transferred to her name, two Bank Accounts, and some Shares. Maybe you should consider appointing family members.

If you appoint a family member or friend they are quite likely not to know what to do and may seek the services of a Solicitor or Bank and end up paying their charges.

We recommend you appoint a family member or friend and subscribe to the WDS Group of Companies. All Subscribing Clients have access to our Free Probate and Administration Service Advice, so if anything should happen to you we will assist your Executors and deal with your Estate without charge.

If required we will...

  • Explain to your Executors the process involved in dealing with your Estate.
  • Explain to your Executor's their legal obligations.
  • Offer to deal with all the paperwork for a fixed fee, which includes:
    • Assisting your Executors with the completion of all Probate Applications.
    • Inform all the Institutions who hold your Assets.
    • Prepare Executor's Accounts.
 

  Guardians

You may have informal arrangements as to who will look after your children if anything happens to you. Without naming a Guardian in your Will it's open to doubt and Social Services could intervene to deny your wishes. In some circumstances, decisions on hospital treatment can also be delayed if there is no Will. Informal arrangements with relatives are not recognized by Authorities.

  • Unmarried fathers have limited legal rights. Try putting the children on their father's passport!
  • Make a Will and appoint Guardians of your choice to look after your children.
  • Make a Will and create a Trust for the benefit of your children.
  • Save your Guardians time and money contesting their rights in the Courts. Making a Will can make sure your wishes are adhered to.

The Children's Act 1989 came into force 14th October 1991 and introduced the new concept of Parental Responsibility.

 

Parental Responsibility

The term "Parental Responsibility" has come about through the philosophy that vital to the relationship between parent and child should be a responsibility toward the child rather than having rights over that child.

The Law is particularly pertinent where a couple who have between them produced a child and are not married.

 

Who has Parental Responsibility?

If both the ''Birth Mother'' and ''Birth Father'' of a child are married at the time of the birth then BOTH mother and father have and will continue to have Parental Responsibility for that child.

A subsequent Adoption Order concerning that child will however cause the parents to lose Parental Responsibility by Court Order.

Mothers automatically have Parental Responsibility. Where the parents are not married, the unmarried father has Parental Responsibility if:

  • His name is registered on the birth certificate-this is the case for births after 1st December 2003. Fathers can re-Register if their names have not been placed on the birth certificate before this date.
  • He later marries the mother.
  • Both parents have signed an Authorised Parental Responsibility agreement.
  • He obtains a Parental Responsibility Order from the Court.
  • He becomes the child's Guardian.


Others, such as grandparents, do not have Parental Responsibility. They can acquire it by:

  • Being appointed as Guardian to care for a child if their parent dies.
  • Obtain a Residence Order from the Court for a child to live with them.
  • Adopting the child.


The Guardians appointed in your Will only act if both parents die. In a divorce case where the father lives away and the mother dies, again any Guardians appointed by the mother will not automatically be entitled to act if the birth father is still alive. Note; Grandparents do not have by right, nor would they be granted automatic Parental Responsibility. They could, however if circumstances dictated, be awarded a Residence Order. Better still, they could be appointed to act in your Will. An Adoption Order concerning any child will cause the parents to lose Parental Responsibility by Court Order. Generally it would be advisable to appoint in your Will a Husband and Wife team who would obviously be more capable of acting as Guardians than separate individuals who live in different locations.