What is an Executor?

The person (or persons – maximum number 4) who you would want to deal with (administer) your estate and carry out your wishes.

An Executor is appointed by the Will and has the duty to collect in all the assets, to pay any tax or other liabilities, there may be and finally, to ensure that the estate is distributed in accordance with the terms of the Will.

If the estate (or part of it) cannot be paid out immediately, for example, because a beneficiary is still under 18, then the Executor ceases to be an Executor and becomes a Trustee for that beneficiary.

Generally, you will have complete freedom of choice as to who you want to be your Executor(s).  A beneficiary can also be an Executor and often, people appoint their spouse, civil partner or children, as Executors.  It is usually sensible to name more than one Executor, in case one dies before you.