Every will needs an executor responsible for acting on behalf of the estate when it’s time to implement your final wishes. Usually, an executor is appointed by the testator when making the will. If no one is named in a will to act as an executor, the probate court will appoint a qualified individual to serve in the role.
Many look to close family members when appointing the person to act as their estate’s executor. While there is no harm in doing this, it is necessary to ensure the person you settle on can step up and carry out their duties as required. If not, you can look beyond your kin, since you do not have to be related to the executor of your will.
The qualities you need to see in a potential executor
Any individual with a sound mind and above the legal age can be an executor. There may be other legal requirements, like prior convictions, that may weigh in.
It is best to pick an executor based on individual traits and characteristics. You need someone who is responsible, ethical, financially savvy, and impartial. An executor’s role is vital to the probate process, and you must have confidence that your chosen executor will carry out your instructions.
Do not leave any loose ends
You can name a backup executor to serve if your first choice is unavailable. You can even have co-executors. However, you should specify their working relationship and responsibilities to avoid confusion during probate.
Your choice of executor is among the small but important bits you may overlook when drafting your will, only for things to go south when you are no longer around. Therefore, it is advisable to ensure you have a solid will, and that there are no loose ends that could interfere with anything.
