Each and every week i will be posting a ‘question of the week’. This week’s question is:
Have you carried out the role of executor and if so how did you find the responsibilities involved?
Each and every week i will be posting a ‘question of the week’. This week’s question is:
Have you carried out the role of executor and if so how did you find the responsibilities involved?
This entry was posted on November 11, 2009, 9:43 am and is filed under Question of the Week. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.
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#1 by penelope foster on November 11, 2009 - 10:57 pm
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Yes, I have been an executor for my mother’s will. I found it vitally important to itemise every item of expenditure i.e. Death Certificates, Probate costs, Funeral expenses – although as Executor you can approach the Funeral Directors and ask them to send their invoice directly to the deceased’s bank, provided you had already spoken to the Bank in question. My mother’s Bank was very supportive as I requested an account being opened so monies in and monies out were all statemented in case of a dispute. Be accurate and keep all receipts, they may be needed!
#2 by Mark on November 12, 2009 - 3:23 pm
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Great advice Penelope, thanks.
#3 by TSP on November 13, 2009 - 11:46 am
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Agree with Penelope – even if you are family if there is money involved its amazing how quickly family previously uninterested suddenly want to know where all the money is going!