So, you have been chosen to act on behalf of an individual to execute their last wishes and administer their will which is an important responsibility. As an Executor, there are some important things that you need to know to fulfil this role successfully.
Where a general Power of Attorney is only relevant whilst you are alive, there is also the Enduring Power of Attorney, who has significantly more responsibility and may form an integral part of your Legacy information.
Organising your end of life matters is a reality that is becoming even more urgent as we face a global pandemic and the uncertainty that comes with it.
There is often a lot of confusion surrounding the roles of an executor and power of attorney when it comes to estate planning or responsibilities surrounding the care of a family member and their end-of-life wishes. Both roles are extremely important.