Who Should I And Shouldn’t Choose as My Executor?

An executor plays a crucial role in the distribution of your estate. This person has many different tasks that must be completed in a properly documented and thorough manner. This makes it all the most important to select an executor who has comfort in serving in this role and who understands of what will be required of him or her. While most people typically choose children, spouses and siblings as an executor, your choice of executor is not limited to these people alone. You need to look for someone who has great communication skills, organization abilities, and honesty. Family dynamics should also be considered in the selection of your executor.

Typically, anyone can serve in the role as your executor, but it’s all about choosing who would be most appropriate in this particular position. The major exceptions to who you can name as your executor are; that felons typically cannot be named in this role, that a child under the age of 18 cannot serve as an executor, and that some states require out of state executors to get a bond to ensure the estate against wrongful use or have limitations on out of state executors.

Your executor might need to hire other professionals such as an attorney to assist with probate administration, so it’s a good idea to choose someone who has served in this role before or who is at least confident and comfortable with obtaining the help that he or she needs when you pass on and leave your estate in their stead. You should have utmost confidence in the person selected as executor and particularly since this person will need to interact with your beneficiaries, there should be minimal conflict between these various parties.

You will make things much easier on everyone if you have considered all of the opportunities in advance and decrease the chances for your beneficiaries and your executor to argue with one another. All of your forethought might not necessarily benefit you over the course of your life but can benefit your loved ones, but an estate planning attorney can change that.

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