Why appointing a professional executor could be right for you

Although most people choose a family member to be the executor of their estate, it is not always your best option. Whether you want to prevent your family from falling out when one person is selected over another, or you want to remove the burden of endless paperwork and understanding the legal requirements involved, there are many reasons why appointing a professional executor could be right for you.

Here are the key benefits of appointing a professional executor to administer your estate after you die:

1. When people are grieving emotions run high. A loved one might not understand the reasons for your choices, and it can be hard for family members to carry out your wishes in the way you want them to. A professional executor can remain impartial. With no emotional involvement they can get on with administering your estate in the most efficient way possible.

2. By naming a firm of solicitors you do not need to worry about your executors dying before you do. This means that you will not have to update your Will as frequently and there will always be someone suitable from the organisation to act for you, giving you the peace of mind knowing that your affairs will be in the best hands.

3. Sometimes, there simply is not anyone in your life to take on this role – it happens more than you think. If there is no one that you trust or you wish to take on the responsibility of administering your estate, then a professional executor is always going to be the best option.

4. When you appoint an executor, that person becomes personally liable for ensuring that your estate is administered as per your Will and in accordance with the law. This can feel like a lot of pressure for some, particularly if your affairs are complex – it is easy to make mistakes. A professional executor knows their legal duties, what is involved, and the consequences for breaching them, freeing your family and loved ones from this risk and responsibility.

5. The probate process is not always simple, particularly if you have no experience of it, or if the circumstances are complicated. A professional executor will understand exactly what to do and when, and come with a wealth of knowledge and experience to carry out the role in the best way possible.

6. When you die, it is likely to be a stressful and sad time for your loved ones. Easing the burden on your family is a perfectly good reason to choose a professional executor to administer your estate. If your family has busy lives, this will also give them the time and space to grieve.

Talk to us

If you would like any advice on whether selecting a professional executor is right for you, then get in touch to talk to a member of our team.

Our specialist team can talk to you online, over the phone or in person in Oxford, Wallingford, and the Cotswolds, or at a location that is convenient for you. Get in touch with them today.