Quizzes & Puzzles10 mins ago
Executor Duties
My father-in-law recently died and was a widower. He has three children, two daughters and a son. As the son lives a considerable distance from my father-in-law's home, my wife and her sister were appointed executors on the estate.
My wife has considerable time available to sort out the estate whilst her sister works in a very demanding job where she would find it difficult to get time off from her high profile job to visit banks, solicitors and the like during Monday to Friday to clear up the estate. My wife has already taken a key role in sorting out the paperwork with her sister's blessing.
What I'd like to know is how far can she take this situation? Would a bank or solicitor for example act on my wife's signature or say so alone if her sister was unable to attend these necessary venues? The brother is quite content to leave it in the hands of his sisters.
To date, the funeral has taken place and we're waiting for the undertakers bill. Either one or both of the girls will have to visit the bank to get them to release the funds to pay the bill.
Thank you.
My wife has considerable time available to sort out the estate whilst her sister works in a very demanding job where she would find it difficult to get time off from her high profile job to visit banks, solicitors and the like during Monday to Friday to clear up the estate. My wife has already taken a key role in sorting out the paperwork with her sister's blessing.
What I'd like to know is how far can she take this situation? Would a bank or solicitor for example act on my wife's signature or say so alone if her sister was unable to attend these necessary venues? The brother is quite content to leave it in the hands of his sisters.
To date, the funeral has taken place and we're waiting for the undertakers bill. Either one or both of the girls will have to visit the bank to get them to release the funds to pay the bill.
Thank you.
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