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If you do renounce, renouncement takes effect immediately and doesn't grant the right to appoint another person in your place. Instead either remaining executors continue, or someone must apply to court to be appointed an administrator.
A deputy can only act in the place of the incapable executor if the Court of Protection order appointing them expressly gives them authority. The original order of appointment will not usually authorise this and authority must be sought from the Court.
The Executor ? Not Essential but Definitely Eases Execution While it is not necessary that an executor must be appointed, as per law, a probate can be granted only to an executor, as a probate can only be applied for and granted to a person who has been appointed as an executor under a Will by the testator.
If an executor of a Will dies before the person who made the Will, then it is down to any other named executors to take on the responsibility of administering the estate. If the testator (the one who made the Will) only appointed one executor, then it is a good idea to draft a new Will.
If no alternate is named, then whoever is next of kin after you may petition the court to act as executor. However, if no one wishes to act as executor, including close friends and distant relatives, then the court may nominate a creditor to the estate as a potential executor.