One of the most important aspects of estate planning is naming an executor for your will. This individual is responsible for distributing your assets to your heirs, paying your debts, and maintaining your property until the estate is settled. You want to be sure to appoint a reliable executor as this is a major responsibility for the future of your assets and family.

Choose a Responsible and Trustworthy Executor

Serving as an executor is a big job, and not everyone is cut out for it. To ensure that all of your wishes are carried, choose an executor who is responsible and will take the job seriously. Close family members are good options for executors because they know you well and may have a good understanding of your assets. However, if you don’t feel comfortable appointing someone in your family, don’t hesitate to pick a third party, like a lawyer or accountant.

Consider External Factors

When deciding on who you want as your executor, think about external factors that may affect that person’s ability to do the job. For example, if the individual you wish to name as your executor lives in a different state, he or she might not have the time to drive long distances to carry out the duties of your estate.

Include a Provision That Specifically Appoints Your Executor

During the estate planning process, it’s essential to make it clear who you want to appoint as your executor. For example, you can write, “I name Mary Evans as the executor of my will.” This will reduce any potential misunderstandings and make it legally explicit.

Estate planning can involve many complexities, so it is helpful to work with a qualified attorney. Stuart R. Norman Jr., in Griswold, CT, has more than 40 years of experience with estate law and can provide you with the guidance you need to protect your property and assets. If you would like to schedule a consultation, give him a call at (860) 376-0069 or visit his website for more information.