Bank account for non-UK executor on UK estate

Postby emalrola on Sat Apr 16, 2005 12:25 am

My brother is a US resident and the executor of my late mother's estate. (all in the UK; she was a widow)

My sister and I are UK residents, so we are doing a lot of the day-to-day practicalities.

Our solicitor has suggested we open a joint bank account in which to put monies from the estate and from which we can pay household bills for her house.

However, we are having problems finding a bank who will open such an account as my brother is a non-UK resident. He does have an long-standing (empty) account with Barclays for which he used my mother's address, but I'm not convinced that Barclays know he's a US-resident! He is suggesting we use this account. I would like to know if this seems reasonable. The last thing I want is to do something illegal, but equally well, we do need an account to put some money in!
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Postby cranleys on Sun Apr 17, 2005 2:29 am

The bank account will not matter - it is quite reasonable.

Always available to assist.

Colin Davison - Cranleys Chartered Accountants
colin.davison@cranleys.co.uk T 01252 852220, M 07766-714000
Editor/ Writer of Property Tax Secrets, Inheritance Tax Secrets

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There is nothing to substitute proper professional advice because each taxpayer's personal and business circumstances differ.
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