Who should be appointed as an executor?
From a legal point of view, the only requirements when appointing an executor are that they be at least 18 years of age and of sound mind. However, careful thought must be given to the appointment of executors. The qualities needed of an executor are those of honesty, business acumen and organisation. The testator should choose someone who is likely to survive them and someone who will carry out the administration of the estate in accordance with their wishes. Common choices are family members, respected business associates, trusted friends, lawyers, accountants or professional trustees. It is important that the person chosen as the executor knows and understands the responsibilities involved, and is capable of carrying them out – especially where the estate might be large or complex. Ideally a testator should consider any family or business pressures that might impact on the executor’s ability to carry out the proper administration of the estate. Where a professional executor is chose