Making a Will? This is Why You Should Appoint a Professional Executor
9th September, 2021Family relationships can be red in tooth and claw and appointing relatives, rather than a professional, as executors of your will can prove a costly mistake. That was certainly so in one case, where bitter litigation between siblings resulted in legal costs bills totalling more than £200,000. The case concerned a man who passed away in his early 90s having had dementia for some years. The effect of his very simple will was that his net estate, which was worth about £450,000, was to pass in equal shares to his...