Companies

Can a Legal Personal Representative or executor of a Will, step into the role of a successor director if a minor cannot do it?

If they are under 18 at the time the original director passes away:

For the LPR to become the successor director, it may be required for it to be explicitly mentioned in the Successor Director solution. If the next in line is a minor, it may be advisable to have another person before them in the line of succession of Directors who can be a director until they turn 18.

 

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024