Executor FAQ's
As the largest Will maker and executor in NSW we have compiled a list of the most commonly asked questions relating to executorship.
If, after reading these you have any further questions relating to Wills please contact your nearest branch of the Public Trustee NSW on 1300 364 103 or fill out our enquiry form.
How long does it take to settle an estate?
The time required to administer an estate depends on the circumstances of the particular estate and can vary from a few weeks to several months. However, where a legal challenge is made to an estate the process can be significantly extended.
Does the executor of an estate have to arrange the funeral?
Generally direct family members prefer to do this. However, if there is no family or they are unwilling to do this the executor can make the arrangements.
Who should I appoint as my executor?
Many people appoint a friend or relative as their executor. They may do this as a compliment, a way of acknowledging their respect and admiration for that person. Appointing an executor is not a favour that you bestow on a friend or relative. The reality is that they are left with the stress and responsibility involved in administering your estate at a time when they may be grieving.
When appointing an executor, you should ensure they have the time and capability to carry out the required duties. It can be advisable to avoid appointing someone who is a beneficiary and may have a conflict of interest. Furthermore, it is unwise to appoint an executor who is your age or older than you. It is not uncommon for an appointed executor to predecease the person appointing them. It is also best that you do not nominate executors who live overseas or interstate as this can cause delays and complications when administering the estate.