Personal

An executor is the person who is responsible for ensuring that your will is executed. This is a person who you trust; someone who has the authority to make your wishes come true in the best possible way. You can choose a family member to be the executor but you might run into problems if you do. If the executor does not appear to be working in the best interests of the beneficiaries the will can be contested and even annulled. Picking a family member leaves a chance for there to be family drama about favoritism. Many people choose their lawyers to be the executors.

The executor has a lot of power which is why it is necessary that it be someone who is capable of carrying out the task. For example, if you are leaving a house, then you might order the executor to have the house sold and the money generated be divided equally among all your children. To ensure that your children benefit as much as possible it is important that the executor knows how to get the best price for your house. Ensure that your executor will know how to deal with your assets.

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