How to Choose an Executor
What are some of the duties of an executor?
The executor of your will has a number of responsibilities. This includes:
- Managing property
- Distributing assets based on the instructions in the will
- Paying taxes and bills for the estate
- Handling court appearances for the estate
When choosing an executor, you will want to make sure you pick someone who is able and comfortable handling the above duties.
Who can be an executor?
As long as you do not plan to name a felon or someone under the age of 18 as your executor, you are able to name almost anyone. Some ideas of who you might name include:
- A spouse
- A child
- A sibling
- Another responsible family member
What qualities should my executor possess?
Since your executor will need to be able to handle a variety of responsibilities, it is a good idea to assess a possible executor to make sure they have the right traits and qualities needed. Some examples include:
- Someone who is honest
- Someone who is responsible with money handling
- Someone who is organized and keeps good records
- Someone who is able to communicate well
- Someone who will take the responsibility very seriously
Take the time to really think about who you might name as your executor. With proper planning and care, you can pick someone who will respect your wishes and handle the responsibility with care.
If you have questions about who to name as an executor or questions regarding estate planning in general, consult with an experienced estate planning attorney.
Experienced estate planning attorneys Sarasota FL of the Co-Executor PLLC offers estate planning and business planning resources to residence of Sarasota FL. To learn more about these free resources, please visit http://www.coexecutor.com today.
Published by Kevin Pillion
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