How To Choose An Executor

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When writing your will, you need to choose an executor (also called a personal representative in Florida). This person will need to be very responsible. The executor of your will is someone who will be in charge of managing and distributing all of your assets after you die. If you are unsure of who to name as the executor of your will, read below.

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.


About the Author:



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.



Article Originally Published On: http://www.articlesnatch.com


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