My parents have asked me to be their executor, I'm one of three. I've done fairly well for myself, I don't need their money, I'm very grateful for the upbringing that got me here. My siblings, one is a stay at home parent with limited funds, the other is a divorced parent with multiple career restarts. Both have taken substantial handouts from my parents over the years, and likely will continue to do so until their passing. My parents have done well for themselves and probably will leave around two million in assets (though who knows, I wish they would just use it/gift it to charity). My issue is that I am being asked to be the executor but I don't live anywhere near them anymore, and won't be moving home. I am being asked this as I am likely to be fair and apply their will as requested (which is an equal split, supposedly tracking and deducting all the handouts including future ones to maintain the split). The others are likely to bicker over finances. Only one of us is physically near home. I don't know the pitfalls that being an executor could be as i've never done this before, and the request is making me nervous that I could end up being part of a dispute, or it just takes all of my non existent time while i'm at the other side of the world. I'm grateful to my parents but don't understand the implications of this fully. If anyone has any experience i'm all ears.
YABU to say no
YANBU to say no