I would be grateful for members’ views on the distinction between administering an estate on behalf of the executors, and intermeddling. The Will appoints family executors alongside a partner of our firm and we have written to the various asset-holders for information as usual. None of the letters specify who the executors are but merely state that “We act in the administration of the estate of…” No application has yet been made for probate.
It is now possible that the family may wish to take certain risks against advice (such as distributing funds before IHT clearance is obtained) so we are now considering whether it is possible for the solicitor-executor to renounce probate and for us to continue to administer the estate on behalf of the remaining (family) executors.
The only asset collected in to our client account are the proceeds of a small amount of premium bonds.