Choosing an Executor

Choosing an Executor is one of the most fundamental elements of any Last Will. The main characteristics of a good Executor are good common sense, excellent organizational skills, and integrity.

Some people choose to appoint their spouse, a sibling, or an adult child, while others prefer to nominate a professional (such as a lawyer or accountant). Alternatively, it can simply be a good friend. Whoever you choose should be both competent and trustworthy.

 

Other things being equal, it often will pay to choose a family member or friend as Executor for the simple reason that these people expect little – if any – compensation, will respect your wishes, and are generally keen to process things and finalize them as soon as possible. However, keep in mind, the process can be quite administrative and time is often of the essence. You must choose someone who is organizationally reliable. It also makes sense to appoint someone who is living nearby as an Executor so that they will be well placed to deal with the management, collection and distribution of the estate’s assets.

 

Your Executor must be willing and prepared to carry out the sometimes wide-ranging, sometimes minimal, steps that may be required to finalize your estate. As such, you should always consult your choice of Executor before you sign your will so to be assured that your choice agrees to act as executor. 

 

Share   Share this on Twitter   Share this on Linkedin  



Read More Executor and Probate Articles

Read More Estate Planning Articles

 

 

 

 

Executors Guide to Probate

How To Probate An Estate - A Step-By-Step Guide for Executors

 

This book is essential reading for anyone contemplating acting as an executor of someone’s estate! Learn about the various stages of probate and what an executor needs to do at each stage to successfully navigate his way through to closing the estate and distributing the deceased’s assets.

Published December 2010

Buy from Amazon
Amazon Price: $24..95
Buy NowLearn Now
Download $17.95

 

 

Executors What is an Executor of a Will?

 

Executors Who can be an Executor of a Will?

 

Executors General Duties of an Executor

 

Executors How to Probate an Estate

 

Executors Payment of Compensation to Executors

 

 

Free Estate Planning Guide  Free Estate Planning Guide

Free Estate Planning GuideSign up our newsletter
and instantly claim your
FREE estate planning
guide!

   
Name :
Email :


Get It Now!
Free Estate Planning Guide

Will Writer Software  Enodare's Will Writer Software

Will Writer Software

Make Your Legal Documents in Minutes!

  • Last Will & Testament
  • Living Trust
  • Living Will
    • Power of Attorney
  •  And more…..

Will Writer Software

Online Estate Planning  Documents  Online Documents

Make your documents Online

Create Your Document Online!

  • Last Will
  • Living Trust
  • Power of Attorney
  • Living Wills


Make Your Documents Now!

Make your documents online