Choosing the Right Executor for Your Estate
When you pass on, you want to be sure that your final wishes are carried out with your preferences in mind. The executor you choose to oversee the administration of your estate has the obligation to protect your final wishes, so you want to be sure the person you choose to be your executor has your best interests at heart.
Selecting an executor for your estate is a pivotal decision that impacts how your assets will be managed and distributed after you pass away. It’s a choice that requires careful consideration of several key issues. At O'Donnell, Weiss & Mattei, P.C., we guide you through the process, ensuring you make an informed and confident decision.
Factors To Consider When Choosing an Executor
An executor plays a critical role in managing your estate, so it’s essential to choose someone who is responsible, organized, and trustworthy. These people will need to defend your wishes, pay remaining debts, close accounts, notify next of kin, gain a valuation of your assets, and distribute the inheritance you have specified for your beneficiaries. A skilled executor can also avoid or quickly settle any complexities that can arise in the probate process.
When deciding who will act as your executor, make sure you know how well they can handle money issues and how dedicated they can be to resolving critical issues. Whoever you choose should be a person that you can trust with some of the most important decisions you will make in the final years of your life. Your executor also needs to be someone who can communicate with all parties involved with your estate wishes.
Whoever you choose to represent you with your estate should be someone that you can depend on. Whether you choose someone in your family, a close friend, or even a professional executor, it is also a good idea to have someone in mind to act as a backup in case your first pick is not able to act as an executor in their place.
Put Your Wishes In Good Hands
Understanding the responsibilities of an executor is crucial, and that’s where we come in. Our attorneys at O'Donnell, Weiss & Mattei, P.C., can help you weigh the factors involved in choosing an executor and explain the legal responsibilities associated with the role. We are here to answer your questions and provide clarity on the process.
If you’re in the process of choosing an executor and need guidance, we invite you to consult with our lawyers. Our attorneys are equipped to help you make a decision that ensures your estate is in capable hands. Call us at 610-323-2800 or email us here to schedule your initial consultation today.