How many times do you need all three executors to sign something? Rarely , I would imagine.
I see no advantage at all in the other two resigning.
Who suggested that it was a good idea?
Thanks Putsch. The estate is simply a house, car, Post Office Savings Bonds, a bank current account (an executor account has been set up our three names) and Verizon/Vodafone shares which we'll donate to charity. I don't see any likelihood of arguments. So I've decided not to "Renounce" but would love to know what "Reserving" my rights means.Depending on the scale of the estate one executor is much more efficient than multiple executors as in many instances all will have to sign.......so for example if the deceased has 3 or 4 bank accounts/shares etc it could be a real pain. Definitely reserve rather than renounce.......otherwise if the executor died/became incapacitated during the process a whole new process would be required. However, if there are likely to be arguments among the executors or beneficiaries then at least one other executor is helpful. So "it depends" is the answer.
For this I would suggest one executor is fine. Also you had a query about Irish water, you just contact them and get a certificate of discharge. I've just done so and it seems to be a fairly simple procedure. Has your solicitor not given you a list of things to do?
Sounds like the Solicitor whilst not being pushy was being very clever in putting doubts into your and your brothers minds to get the business. What will the solicitor do with DSP that you and your brothers cannot? Probate Office in Dublin and I would presume elsewhere have been very clear that having a solicitor does not expedite probate - that was the solicitors USP, not tenable any more.
Would it be handier for the other two to "Renounce" or if not agreeable to that then to "Reserve" their rights? I don't know the difference between the two.
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