In the context of probate, power reserved means the postponement of an executor’s right to the grant of probate in a deceased’s estate. It applies where one executor does not wish to assert his or her right to the grant at present but does not wish to relinquish it totally either. There must be at least one other executor willing to obtain the grant. Formal notice is given to the executor acting with power reserved.
A solicitor can prepare the appropriate notice and draw up the appropriate paperwork in order to obtain the grant of probate.
For anything further, one of our specialists would be delighted to meet you either in our office or in your own home to talk through your requirements and answer any questions. Please contact us at any time.