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Mr. Jones, a solicitor, is named as both executor and a beneficiary in his client's will. What steps must he take to ensure compliance with ethical standards?

A. Decline to act as executor.

B. Inform the court and obtain permission to act as executor.

C. Notify all beneficiaries of his dual role and obtain their consent.

D. Resign as solicitor for the estate.

E. Ensure there is no conflict of interest and act in the best interests of all beneficiaries.

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A solicitor who is both an executor and a beneficiary must ensure that there is no conflict of interest and that he acts in the best interests of all beneficiaries. Transparency and fairness are crucial to maintaining ethical standards and avoiding any perception of impropriety.

Key Point: Solicitors acting as both executor and beneficiary must manage any potential conflicts of interest and act impartially to uphold ethical standards.

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Wills and the Administration of EstatesUnit 5Chapter 12

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