Friday 6 November 2009

Can a bankrupt be an executor?

This is a question that is often asked so i thought i'd clear this one up for you.

There is currently nothing which says that an undischarged bankrupt cannot be appointed as an executor. However in reality appointing a bankrupt as an executor is probably not a good idea as a bankrupt cannot open a bank account and cannot freehold or leasehold property.

It is essential that you choose your executors carefully when making Wills online.

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