Executor of Will
You must nominate at least one person to be executor of will who will follow up the directions in your will and it is regular to have two executors. You could also nominate a stand in executer as a backup in case some of the mentioned executors is unable to work.
The main concern in selecting your executors is that they will be responsible and trustworthy in carrying out your wants. On That Point is nothing in law to forbid a beneficiary in a will also being an executor. Indeed, it is quite regular for one of the primary beneficiaries to also be an executor. This way relatives and friends can act as your executors.
You may also nominate a professional adviser such as a solicitor or an accountant as executor; even so, they will file a fee for their services.
Your solicitor can act as Executor of will with one other person.
Suppose if you had a son or daughter that is close to being 18, unless you know good grounds for not delaying until he/she is 18, talk over with them the idea that he/she is also an Executor. You can then make sure that they know what to do by providing them a notebook of instructions. All your assets, for example will want to be gathered together and valued: the sum of your worldly goods may escape Inheritance Tax, but if you are not sure, your solicitor will be able to assist you ward off (not evade) that by making gifts now. He may also advise setting up a Trust Fund for your youngsters. But when it comes down to individual bequests - what you may want to do with your car, for instance, if you have certain pieces you would like to reserve for particular friends or relations - that could be done by your son/daughter as Executor of will.
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