I don't know how I overlooked this.
I remember seeing Mum & Dads will sometimes ago but didn't give it a second thought.
They were done in 1991. There property & finances are very simple.
Got all the POA's done in 2011, with Mum being diagnosed with AD in June 2013.
GP has deemed Mum incapable of making decisions regarding her health but nothing formalised or advised to the lawyer.
I have managed to get all Mums paperwork off her for safekeeping, and thinking that my sister & I are Executors of Mum & Dads will, to find that they have named each other as Executor, with us as Executors only if the other is deceased.
This means if anything happens to Dad , and Mum is Executor, depending on how far advanced her AD is and unable to sign etc, she would not be able to forfill the duties required or apply for Probate.
If Mum should pass, dad would ( at this stage ) be able to with help from us.
A POA cannot forfill an Executors role.
Any thoughts on this one?
I don't imagine laws would be much different from country to country?
I remember seeing Mum & Dads will sometimes ago but didn't give it a second thought.
They were done in 1991. There property & finances are very simple.
Got all the POA's done in 2011, with Mum being diagnosed with AD in June 2013.
GP has deemed Mum incapable of making decisions regarding her health but nothing formalised or advised to the lawyer.
I have managed to get all Mums paperwork off her for safekeeping, and thinking that my sister & I are Executors of Mum & Dads will, to find that they have named each other as Executor, with us as Executors only if the other is deceased.
This means if anything happens to Dad , and Mum is Executor, depending on how far advanced her AD is and unable to sign etc, she would not be able to forfill the duties required or apply for Probate.
If Mum should pass, dad would ( at this stage ) be able to with help from us.
A POA cannot forfill an Executors role.
Any thoughts on this one?
I don't imagine laws would be much different from country to country?