When making a Will you can choose anyone to act as an executor; this
person or persons you nominate to carry out your instructions
and distribute your estate in accordance with your wishes. In most
cases executors are close family members or trusted family friends.
In certain circumstances, professional executors can be
called upon and as part of our portfolio of estate planning
services, Align Wills and Trusts offers an
executor service through SWW Trust Company who offer a professional service at a
time when it is most needed - for example, if you know that there
will be no-one close who would be able to fulfil the role on your
There is a minimum
charge for their services when dealing with probate (not payable up
front) but the normal charge is just 1.25% (plus VAT) of the value
of the estate, plus disbursements.
Compare this to the
4-5% levied by some bank's trust corporations.
However, where there are any Inheritance Tax planning or other
specialist trusts either written outside or within your Will, we would always recommend that professional executors and
trustees are appointed as joint executors in case family and friends
find the task too daunting.