Liability of Executor that Reserves their Right to Act

MisseyB

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Myself and my sister were names as executors on my Dad's will.

My Mum asked that we hire a solicitor to act in the administration of the estate. My sister agreed to be the person that signs the forms for this solicitor as she lives closer to them. I have been sent a form to confirm that I wish to reserve my right to act as Executor of my Dad's estate.

I don't have an issue with my sister being the acting executor if she's happy to do it but I can't find any information on my liability as a executor with their rights reserved.

I asked the solicitor who sent me the form and they couldn't/wouldn't clarify it and told me to get my own legal advice, which I really can't afford at the moment.

Thanks for any help in this regard.
 
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If you reserve your rights, then you are not an acting Executor so therefore you have no role in the administration of the estate.
 
Thanks so much for the reply, and so would that mean that I would have no liability in relation to how the estate is administered? It would makes sense to me that I wouldn't but just want to be sure.
 
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