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Executors Beware - Headstones

Executors Beware - Headstones

It is a common assumption that treatment of the costs of the headstone or the memorial are the same as for the cost of the funeral and come out of the general estate funds. In other words, the cost is ultimately borne by the residuary beneficiaries. Where should the executors look first? The answer is clearly the will and it is to be hoped the will makes clear who is to bear the costs. The danger for the will executors is that if there is no clear provision in the will then they must get the agreement of the residuary beneficiaries to pay the costs of the headstone or memorial. If they don’t they are running the risk of having to foot the bill personally.

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