31 August, 2019

Quora Answer: Can a Financial Adviser be an Executor?

The following is my answer to a Quora question: “Can a financial adviser be an executor?

In Singapore, a financial advisor may be an executor of an estate if there is no beneficial relationship arrangement, meaning that there is no conflict of interest.  However, this issue of conflict of interest is quite nebulous, and it would be best to have any potential legal entanglements resolved, documented and addressed.

Most recently, I was the executor of my mother’s estate.  We hired a lawyer for the probate process.  The rest of it is legal formality.



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