frequently asked questions

Q: What is an Executor/Trustee and how many do I need?

Someone you trust to carry out your wishes and directions in your Will.  Your Executor is also known as your Trustee under your Will.

If you have minor children you will need to appoint two substitute Executors, in addition to your partner (if they are appointed as the primary Executor).

We believe it is important to include substitute Executors in the event that the person you appoint is unwilling or unable to carry out their role.  If you do not appoint substitutes within your Will, if your Executor can’t or won’t act, your Will will be invalid.

Your Executor doesn’t need to know the legal aspects of estate planning as most Executors seek guidance from solicitors in conjunction with administering the estate.  Simmons Wolfhagen can assist your Executors with finalising and administering your estate.  Please do not hesitate to contact our Estate Planning and Probate department for assistance.

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    Chris Cunningham Chris Cunningham Simmons Wolfhagen Partner work +61 03 6226 1200 http://www.simmonswolfhagen.com.au
    Work Level 1, 233 City Road South Melbourne VIC 3212
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    Personal Property Securities 14 May 2012 By Simmons Wolfhagen 0 Comments Read blog entry