Where an Executor is appointed in a Will, and they have not intermeddled in an estate, they have four options:
- Apply for the Grant of Probate: the Court will confirm the Executor's appointment and the Executor will have full legal authority (jointly with any other Executors who have applied) to administer the deceased's estate.
- Appoint an attorney to apply for the Grant and administer the estate on your behalf: This can be a friend, relative, or professional (our Trust Corporation are appointed as attorney for several Executors).
- Have power reserved to them (if there are other Executors appointed who wish to take the Grant): this means the Executor is stepping back when it comes to administering the estate and will not have the authority to administer the estate initially, but that they can apply for a Grant in their own name at any time.
- Renounce their right to take the Grant: an Executor appointed under a Will is initially under no duty to administer the deceased's estate. By renouncing, this means that the Executor no longer has any power to administer the deceased's estate and usually cannot apply to administer the estate in any other capacity (such as a beneficiary) if there are no other Executors. Even if an Executor renounces their right to take the Grant, they may still be a trustee of any trusts contained in the deceased's Will and should investigate this and retire as a Trustee if desired.
Where someone is entitled to apply to be the Administrator of an estate, they have options 1, 2, and 4, above, available to them.
Instead of a Grant of Probate, they will apply for a Grant of Letters of Administration.