23/10/2025
Appointing a family member as the executor of your Will is common, but it can come with drawbacks.
Executors are legally responsible for mistakes, such as mismanaging funds, undervaluing assets, or missing tax deadlines. Family members may not fully understand this risk.
Some people address these drawbacks by appointing a professional executor, such as Will Power, either alone or alongside a family member. This can bring neutrality, expertise and peace of mind.
https://willpowergroup.com/what-is-the-role-of-an-executor-and-a-trustee/