Can I appoint different persons as Executor(s) and Trustees?
Yes, you can but there will be additional cost involved. This is because on the death of the testator, the executor will be vested with the estate and for the properties that are to be dealt with by the trustees, the executor(s) is to transfer or deliver such properties to the trustees. It is also sometimes difficult to assess at what point in time executorship ends and when trusteeship begins. The trustee will also manage the estate in accordance with the instructions or powers given to him under the Will or according to the Trustee Act. As a safeguard, a Trustee cannot benefit by virtue of this office as all profits much be accounted for.
