Legal Question in Wills and Trusts in New Jersey
executor of parents will
my mother has named her three children executors of her will. we all get along and agree to follow the simple will as it is written. do you see a reason to release two of the three?
Shoud we do that what happens if the one left dies or becomes incapacitated?
Asked on 12/01/08, 8:44 pm
2 Answers from Attorneys
Jonathan Chester
The Law Office of Jonathan S. Chester, Esq., LLC
Re: executor of parents will
There does not appear to be a problem with all 3 children acting as co-executors. You do not need to do anything now. After your mother's death, if all 3 want to serve as executors, they can do so...if not, one or more can simply renounce the appointment.
Answered on 12/02/08, 9:19 am
Walter LeVine
Walter D. LeVine, Esq.
Re: executor of parents will
I agree with Jon that there is nothing to lose by having all 3 qualify. You can always agree among yourselves that less than 3 can handle things.
Answered on 12/02/08, 3:30 pm
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