You should apoint one or two executors to administer your affairs after your death, although two is usually advisable. An executor is a personal representative, required to act with “utmost good faith” to administer and distribute and estate diligently and correctly’. Many people choose their spouse or children to act as executor.

You should check with each named executor that they are both happy and capable of carrying out the job. Professional executors such as banks, solicitors and accountants will charge fees for their time and these should be checked before you appoint them, especially if they apply a percentage of the estate charge.