Executors and Guardians – the key people in your will

Executors and Guardians – the key people in your will

If you are writing your will, there are some key people you need to nominate to act in the event of your death.

When a person dies their “executors” (if the deceased left a will) or “administrators” (where there is no will) have the task of dealing with the deceased’s estate. The process of dealing with the estate is referred to as “probate” or “administration”, where there is no will.

Executors and administrators normally have to apply for a “grant of probate” (if the deceased left a will) or “letters of administration” (where there is no will) before they can deal with the deceased’s estate. A grant of probate or letters of administration gives the executors or administrators the legal authority to deal with the deceased’s estate and allow them to sell the deceased’s property, for example.  This is a hands on role and for those of us living in the developing world or regimes with unfamiliar legal processes, it could be a professional executor may be required to navigate the paperwork of your demise and legacy.

If executors are the administrators of your estates, your nominated trustees will manage your financial legacy.  They will make decisions about your wealth and investments.  Whilst they can be the same people as your executors, if your estate is complex and there are large trusts involved it would be wise to appoint professionals.

You can also use your will to appoint guardians for your children.  This can be a difficult decision for international families – where and how do you want your children raised in the event of your untimely death?

Deciding who should act on your behalf in the event of your death is a difficult decision and deserves careful consideration as well as consultation with anyone whom you are considering appointing.   Wills World Wide can offer advice and recommend professional partners to ensure your wishes are carried out after your death.

 

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Testimonials

"For various reasons, my situation turned out to be quite complicated and I needed two wills (as advised by UK...

Jenny Pearson, Consultant, Cambodia

2018-06-05T07:59:04+00:00

Jenny Pearson, Consultant, Cambodia

"For various reasons, my situation turned out to be quite complicated and I needed two wills (as advised by UK tax specialist) to keep my English and Cambodian assets completely separate. Cindy was able to work through all of that with me and I am confident that I now have everything properly covered."
"Cindy is knowledgeable, approachable, incredibly helpful, and highly professional. She helped me to understand the implications of my requests and...

Jayne Hilton, Engineer, UK

2018-06-05T08:30:28+00:00

Jayne Hilton, Engineer, UK

"Cindy is knowledgeable, approachable, incredibly helpful, and highly professional. She helped me to understand the implications of my requests and was always on hand to offer guidance and support. All in all an excellent service."
"It was a pleasure to work with Cindy and her team! Even though planning for one’s own death is a...

Jim Swander, CEO, Cambodia

2018-06-05T08:37:50+00:00

Jim Swander, CEO, Cambodia

"It was a pleasure to work with Cindy and her team! Even though planning for one’s own death is a project we all can easily put off, it removed an area of stress in my life. I no longer had to wonder if certain people would be taken care of, or where my money would go. Cindy and I worked through the process and she asked a lot of thought provoking questions. The first draft helped me think a second layer down, and made the will more complete. We finalised with her lawyer, signed, witnessed and put away in a safe place, letting my executor know exactly where to find it. I do not hesitate to recommend Cindy’s services."
"Cindy made the process of making a Will painless and efficient which we really appreciated. She was sensitive to avoid...

Moray Iles, Vietnam

2018-06-05T08:42:23+00:00

Moray Iles, Vietnam

"Cindy made the process of making a Will painless and efficient which we really appreciated. She was sensitive to avoid putting pressure or hassle to complete the Will quickly which allowed us to consider everything in our own time. Best of all, Cindy's professional support and thorough and clear explanation of the laws pertaining to our situation were very helpful. We would look forward to working with Cindy again on documents personal to our family."
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