1. Is it a must to appoint an executor in a will? Any chance that the executor could misuse the Will or harass the beneficiary?
2. Advise the pros and cons of including an 'Executor' in the will.
3. To who all and when are the sealed original and copies of the will given apart from the executor?
Thanks in advance for a quick reply.
AK Mangal
The law does not require an executor (also called a personal representative) to be a legal or financial expert, but it does require the highest degree of honesty, impartiality, and diligence. This is called a "fiduciary duty" -- the duty to act with scrupulous good faith and honesty on behalf of someone else.
It is better to appoint an executor, preferably your advocate who is not a witness, in the Will. It gives more credibility to the Will.
CAclubindia
