Who is the best choice for your estate executor?

| Sep 17, 2020 | Estate Planning |

As a resident of Georgia, you spent time and effort to build up your estate. As such, it only makes sense that you put just as much time and effort into protecting it. You should ensure it gets handled according to your wishes after your death.

In order to ensure this, you must start with a strong foundation. This means taking the time you need to select a good executor to handle your estate.

Building your foundation with an executor

HuffPost discusses ways to choose an executor for your will. This is arguably one of the most important decisions you will make in the estate planning process. Due to the nature of an executor’s role, there is no “one size fits all” in terms of making your selection. The right person for one individual may not be what you are looking for in the least. Thus, the first tip is to understand what you want out of your executor.

Go for a professional

Next, pick someone who knows what they are doing. Someone who has experience in leadership positions, who seems organized and detail-oriented. It is ideal to have someone who works without any manager. They can interact on a professional level with attorneys and financial advisors.

Your person of choice should be of a certain age, too. They should be mature enough to handle managing your affairs, but young enough that you are almost certain to outlive them. Select someone who has the time to manage an estate plan, too. After all, probate often lasts for years. Your pick of estate executor should be aware of this before accepting the responsibility.