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I've been told to open an executor's account to hold monies belonging to my father's estate UNTIL his will becomes probate, when monies can then be distributed to beneficiaries in the will (a sole beneficiary: my mother).
Ulster Bank are insisting that they will not allow me to open an Executor's account until a grant of probate is issued, by which time the account becomes immediately unnecessary. In the meantime, I have two cheques that I need to lodge but have no where to lodge them. It could be several months before the grant of probate is issued (I haven't even applied to the courts yet). Does anyone know a way around this conundrum?
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