Will - what does a co-executor do?

[ThatDamnDog]

I bumped into a family friend today, and she told me she wants to leave her house to myself and my siblings! This is very out of the blue but obviously extremely kind and I was touched. She said she'd hoped I'd be co-executor (alongside the bank, I think) and would give me some shares as recompense for the work involved. I said I had no idea what would be involved but that she was very kind. Didn't know what else to say really, I was only popping to the library to change DS's books!

Can anyone tell me more about this?

Bump :)

A Co-executor has to sign forms.

Just depends who the main executor is.

It could be that you as Co-executor may have to take the lead, if and when the person dies.
Depends how complicated and how much money or property is in the Estate.

Executor has to get the Forms from Probate Registry. Get the latest copy of the Will. Make a list of the bank accounts and property, Cars, Houses, get them valued.

Write to all the banks and Insurance companies and employers.

Submit the completed documents to the Probate Registry. Then gather in the money and distribute the money in accordance with the Will.

Wow, thanks. Quite complex then. Mum said when my grandad died she just handed the paperwork and a four figure sum to a solicitor and they did it all. I am unlikely to have a four figure sum though so will have to do stuff.

Lady in question is retired but hale and hearty and hopefully none of this will be a concern for a long, long time! :)

When my father was a joint executor with his brother in law, ages ago now, My father did all the work and the co-executor just countersigned the forms. The BIL lived the other end of the country. So you may not have to do much in the end.