HOW DO I SELECT AN EXECUTOR FOR MY ESTATE?

Before choosing an executor for your estate, you will need to put lot of thought into the decision.

The individual chosen to perform this role will be trusted to carry out everything in accordance to your intended wishes. Because choosing an executor can be a complex decision, here are some things to consider before making your final choice.

First, list out who you think would be capable of handling such a responsibility. You will want someone who is honest, organized and has great communication skills. The executor should also be in good mental and physical health, as well as over the age of 18.

As you create your list, try to leave aside personal feelings. Only consider those who you truly feel would be able to fulfill such a responsibility. If you are considering someone close to you but aren’t totally confident they can emotionally fulfill the role, then perhaps you should make a different selection.

Since a lot of detail will need to go into the executor’s job, you’ll definitely want to pick someone with a reputation for paying attention to specifics. Considering that the executor will be responsible for filling out a hefty amount of paperwork as well as making sure your debts are satisfied, selecting a detailed oriented individual for this job is critical.

Once you have considered all these points, you will need to choose one of the individuals on your list. It also is important to note that you can select more than one person for the role of executor. Some people decide upon their spouse, lawyer or two of their children to fulfill the role. In addition to being able to provide each other with assistance, having two executors can be a great benefit in the event that one of the selectees is unable to perform their duty.

Choosing an executor can be an overwhelming task. But if you follow these simple guidelines, you will find the individual who will be an ideal fit for the role.

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