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Tips For Choosing An Executor In Your Will

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Tips For Choosing An Executor In Your Will

  1. 1. Ten Tips for Choosing an Executor Noah Sarna Associate Boughton Law Corporation
  2. 2. Disclaimer <ul><li>THE FINE PRINT </li></ul><ul><li>This presentation contains general information and not legal advice </li></ul><ul><li>No solicitor-client relationship or privilege attaches to an exchange of info </li></ul><ul><li>For a specific problem, consult a lawyer </li></ul>
  3. 3. Ten Tips for Choosing an Executor <ul><li>Not easy choosing an executor </li></ul><ul><li>Person who will assume responsibility for your assets and liabilities, to carry out your wishes </li></ul>
  4. 4. Ten Tips for Choosing an Executor <ul><li>Tip #1: choose someone who will be able to do the job well </li></ul><ul><li>Tip #2: choose someone local </li></ul>
  5. 5. Ten Tips for Choosing an Executor <ul><li>Tip #3: choose someone familiar with your estate </li></ul><ul><li>Tip #4: choose someone who will accept the job </li></ul>
  6. 6. Ten Tips for Choosing an Executor <ul><li>Tip #5: choose someone based on your property </li></ul><ul><li>Tip #6: choose someone with their own assets </li></ul>
  7. 7. Ten Tips for Choosing an Executor <ul><li>Tip #7: choose an alternate executor </li></ul><ul><li>Tip #8: consider compensation </li></ul>
  8. 8. Ten Tips for Choosing an Executor <ul><li>Tip #9: if nobody else, choose a professional, but consider the fees </li></ul><ul><li>Tip #10: if no one person, choose multiple executors </li></ul>
  9. 9. Ten Tips for Choosing an Executor <ul><li>Keep in mind: </li></ul><ul><ul><li>Being an executor is no picnic </li></ul></ul><ul><ul><li>Review your decision often </li></ul></ul><ul><ul><li>Executors can seek help </li></ul></ul>
  10. 10. Noah Sarna 604-605-8334 [email_address] Benefits will last a lifetime.

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