What to look for when choosing an executor for your will

A will is a legal piece of work that outlines your desire for the disposal of your property and funds. Usually, much consideration is given before a will is declared. The executor of a will, therefore, must be a person of trust and competent to execute or distribute the properties or funds as set forth in the will.

Choosing an executor of a will is a matter of careful consideration. What you should usually look for is a person who has your best interest at heart, a person who has demonstrated competency in handling his own affairs, and a person who is of a good character. In small families, you should look for a relative who has been close and personally knows your wishes. Look for a person who doesn’t mind being there for you when you are in need. Look for a person who is familiar with those in the immediate and extended family. Being aware of your family’s needs, the executor of the will can make decisions as to when and how the estate will be distributed according to your written consent. A case in point is where a recipient in the will has an addition. Following the demise of a relative, he makes repeated demands on the executor of the will to give him the money allocated to them. The executor of the will could disperse the money carefully and in small quantities, rather than hand over the estate money rapidly until there is nothing. On the other hand, the executor of the will could disperse the money more rapidly because he knows the individuals or heirs used their money wisely.

In cases where large estates are involved, it is a good idea to locate an attorney or lawyer who specializes in handling these cases. Families have a tendency to enter into dispute when large estates are involved. Some return to court and contest the will. Large estates then become a legal contest, and an extended length of time may pass before the will is executed. Lawyers and attorneys can expedite time in these cases so that the estate can be disbursed much more quickly.

In all cases, large or small, a person of trust is the person of choice. Once a will is written, the will should be reviewed by the executor of the will to see if there are any areas in which he may feel he is incompetent to handle, or an area in which there is a question. It is good advice to seek legal counsel on such matters. This will allow the executor of the will to be prepared once the will needs to be put into motion. Families also need to be appraised of the provision of the will by the person making the will. This will alleviate a lot of problems later. Executing a will is not an easy task, but it can be done smoothly if all parties involved cooperate to ensure that the desires of the deceased party have been met.