The executor of your estate is one of the most important choices you can make when writing your estate plan. This person will have the legal responsibility to carry out your wishes and control your assets in the event you are incapacitated or have passed away.
Many people will choose a family member, a child, or a trusted friend as their executor/executrix but it may not always be the best decision depending on your estate. If you have a large or complex estate, you may want to find someone who has specific expertise in estate management. Here are a few things to consider when choosing:
One should also note that whoever is chosen to be the executor of your estate is legally bound to do so appropriately and within the law. If they do not, they may be held liable for breach of fiduciary duty by interested parties. While you may feel obligated to appoint someone you care about to the position to avoid hurt feelings, it may not be in your best interest or their best interest if they are unable to meet the responsibility.
If you have additional questions about how to choose an executor to your estate contact the Law Office of Charles Stark at 707-527-9900 or utilize our convenient online contact form.