Ellen Fraser - February 2018
Giving the family their fair share. Being an executor.
How to manage the process
Mum’s estate has been sorted to everyone’s satisfaction. After a bit of careful thought and discussion with Stuart, I’ve concluded I don’t need my share. I want it for the kids and their kids. A quick chat with the team at Morton Fraser pointed me in the direction of something called a ‘Deed of Variation’. This would mean my funds would pass to them.
I was considering a Trust for the Grandchildren. But on second thoughts this won't be practical or fair - as not all my lot have kids, of course.
No, better to simply divide into thirds between Matt, Callum and Amy. For various reasons, they could all do with the help right now.