Executor of an Estate

Psyche

Hi there
I have had a client (and friend) ask if I will be the executor of her estate. Has anyone served in this capacity? She wants to know what I would charge, would there be a fee up front and/or a larger fee if and when, er, my services were required? She's only 30 and healthy as far as I can see, so I don't think it would have *much* chance of coming into play.
Can anyone point me to more info on this?
Thanks!

Er, I suppose with a business name like mine I ought to know about this.

deanshepherd

I would not accept an appointment as a professional executor - that is best left to solicitors.

Being an executor for a friend is different and you would expect the estate's solicitors to advise you along the way should you be required.

Psyche

Thank you Dean. She is my friend but her rationale for asking me was "I'd rather give you the business". Her estate is unlikely to be very complicated, though I suppose if she gets wealthy in the future that may change.

I guess I will tell her thank you for thinking of me, but it's probably best for her to go to a solicitor. Or have a solicitor in addition to me.