Hello, I'm co executor on my mother's will, we are using solicitors to process the will for us.
We have to sign letters to enter in to the contract, but the wording for the bank authority seems very broad.
I understand some authority is needed.
They made the will, and both we and friends have had dealings with them so they are trusted. However I'm uneasy there is no time-frame on this, or that it says 'for purpose of will' or that it says they will tell me. Am i over cautious, is it standard? Would appreciate advice from legal folks, thanks.
Wording:
I, MyName (ome of the legal personal representatives in the estate of mothersname late of address) hereby authorize my solicitors CompanyName of TheirAddress to negotiate and endorse all loan cheques/drafts/payment orders of any kind from.any bank, building society or lending institution on my behalf.
We have to sign letters to enter in to the contract, but the wording for the bank authority seems very broad.
I understand some authority is needed.
They made the will, and both we and friends have had dealings with them so they are trusted. However I'm uneasy there is no time-frame on this, or that it says 'for purpose of will' or that it says they will tell me. Am i over cautious, is it standard? Would appreciate advice from legal folks, thanks.
Wording:
I, MyName (ome of the legal personal representatives in the estate of mothersname late of address) hereby authorize my solicitors CompanyName of TheirAddress to negotiate and endorse all loan cheques/drafts/payment orders of any kind from.any bank, building society or lending institution on my behalf.