When creating a will, you’re staffed with the responsibility of naming an executor. It’s easy to name the first person who comes to mind and then move on, but that won’t give you the peace of mind you deserve.
You should think long and hard about who’s best for the job, focusing on details such as:
- Trust: If you can’t trust someone 100 percent to make the right decisions and follow your directions, it’s best to cross them off your shortlist. There’s nothing more important than being able to trust your executor.
- Your relationship: You don’t have to choose a family member or friend to act as the executor of your will, but it often makes it easier because you feel more comfortable with them. If you’re heading down this path, consider every last option.
- Health and age: Generally speaking, you want to choose an executor who is the same age as you or younger. Also, don’t choose someone with health concerns, as these may stop them from fulfilling their duties when the time comes. Someone who is young and healthy is much more likely to be around and able to act as executor upon your death.
There is no right or wrong way to choose an executor for your will, but you must take careful consideration when making a decision. No, you won’t be around to see your executor carry out your final wishes, but that’s what they’re responsible for.
When you find the right executor, you’ll feel much better about the overall standing of your estate plan and what will happen upon your death.