Hi.
I am currently creating a will, but have no relatives in Australia where I live. My closest younger relative is a nephew in the UK and I will be leaving most of my estate to him. Ideally, he would be my executor of will, but I have read that it would be very difficult for him to do that job remotely from the UK.
I have a younger friend here who is willing to help but I am very loathe to dump the ramifications of my death on her. Ideally, I would like her to be an on the spot helper for my nephew. I thought joint executors might be good but read that this could also prove difficult.
My other avenue is to appoint a solicitor to be the executor but I read that this could be very costly in comparison.
Has anyone else been in a similar situation or can anyone help?
I am currently creating a will, but have no relatives in Australia where I live. My closest younger relative is a nephew in the UK and I will be leaving most of my estate to him. Ideally, he would be my executor of will, but I have read that it would be very difficult for him to do that job remotely from the UK.
I have a younger friend here who is willing to help but I am very loathe to dump the ramifications of my death on her. Ideally, I would like her to be an on the spot helper for my nephew. I thought joint executors might be good but read that this could also prove difficult.
My other avenue is to appoint a solicitor to be the executor but I read that this could be very costly in comparison.
Has anyone else been in a similar situation or can anyone help?