tips for choosing an executor in your will
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Ten Tips for Choosing an Executor
Noah SarnaAssociate
Boughton Law Corporation
Disclaimer
THE FINE PRINT
This presentation contains general information and not legal advice
No solicitor-client relationship or privilege attaches to an exchange of info
For a specific problem, consult a lawyer
Ten Tips for Choosing an Executor
Not easy choosing an executor
Person who will assume responsibility for your assets and liabilities, to carry out your wishes
Ten Tips for Choosing an Executor
Tip #1: choose someone who will be able to do the job well
Tip #2: choose someone local
Ten Tips for Choosing an Executor
Tip #3: choose someone familiar with your estate
Tip #4: choose someone who will accept the job
Ten Tips for Choosing an Executor
Tip #5: choose someone based on your property
Tip #6: choose someone with their own assets
Ten Tips for Choosing an Executor
Tip #7: choose an alternate executor
Tip #8: consider compensation
Ten Tips for Choosing an Executor
Tip #9: if nobody else, choose a professional, but consider the fees
Tip #10: if no one person, choose multiple executors
Ten Tips for Choosing an Executor
Keep in mind: 1) Being an executor is no picnic
2) Review your decision often
3) Executors can seek help