What should I consider when choosing an executor?

As you are planning your estate in New York, one big decision you will have to make is who will be your executor. This is a very important choice that can have a far-reaching impact. The executor will ensure that your wishes are carried out after you are no longer around to see to them. Choosing the right executor can make things go more smoothly for your heirs.

According to Kiplinger, there are some important considerations to keep in mind as you choose your executor . These things will help ensure that you choose someone who will handle the estate properly and in the way you wanted.

One of the top things to think about is if the person you choose has a good relationship with your heirs. The person does not have to be friends with them or even know them, but it is important that there are no bad feelings there. If the person and your heirs have issues, it could lead to arguments and trouble during the process.

You should make sure the person you choose is responsible and will be able to carry out your wishes. It is also good to make sure the person is financially stable so there is no risk that he or she may not be able to get bonded or insured, which is often required by the court.  

It is also a good idea to ensure the person will be around after you die. So, choosing someone who is younger and in good health is a good idea. This information is for education and is not legal advice.

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What should I consider when choosing an executor?

Ledwidge & Associates

Ledwidge & Associates, P.C. in New York City has years of experience helping clients create estate plans that fit their needs. We have the experience and resources to handle your critical legal matters with the utmost care and attention to detail.