My father's will appointed myself and two other people to be the "executors and trustees of this will".
I applied for Probate, with the other two named executors holding Powers Reserved, so the grant is in my name only.
The will creates a lifetime interest trust (IPDI), using the phrasing "gives my interest in the property...to my Trustees... to hold the Property on trust for ...".
The will includes a schedule of definitions which defines "My Trustees" as "my executors, my administrators and the trustees of any trusts under this will. However, after a grant of probate or letters of administration has been issued for my Estate, this term does not include anyone appointed as an executor who has not proved this will."
Am I correct that this means that I am currently the sole trustee of the IPDI, since the other appointed executors did not prove the will?
If so, how can I re-appoint the other two named executors as co-trustees of the IPDI? Does this need to be done through a solicitor or can I do it myself?
Thank you for any advice!
I applied for Probate, with the other two named executors holding Powers Reserved, so the grant is in my name only.
The will creates a lifetime interest trust (IPDI), using the phrasing "gives my interest in the property...to my Trustees... to hold the Property on trust for ...".
The will includes a schedule of definitions which defines "My Trustees" as "my executors, my administrators and the trustees of any trusts under this will. However, after a grant of probate or letters of administration has been issued for my Estate, this term does not include anyone appointed as an executor who has not proved this will."
Am I correct that this means that I am currently the sole trustee of the IPDI, since the other appointed executors did not prove the will?
If so, how can I re-appoint the other two named executors as co-trustees of the IPDI? Does this need to be done through a solicitor or can I do it myself?
Thank you for any advice!
Comment