When Texas residents like you create an estate plan, you need to select an executor. The executor is a crucial component. They will meet your requirements and wishes after you pass on. They manage your estate and ensure that everything goes in accordance to your will. So how do you choose a good executor?
There are many factors that should go into this decision. Your personal relationship and work relationship are important. On a personal level, select someone you can trust. They will be making decisions in your stead. You want to be sure you are on the same page and have the same core values. You should be able to give similar answers to the same questions. They should understand your desires and thought processes well. They should also be trustworthy in all ways.
But on top of this, they must also be capable of handling estate administration work. This is not going to be a simple task. Estate administration often lasts years after a person passes away. Your chosen executor should have a schedule relatively free of obligations. New business owners or people starting families are not good choices for this reason. They should also perform well under pressure. Finally, they should be good at communicating, as they are the contact point for your loved ones.
If you want to read more about picking an executor for your estate, visit our link. You can read about other aspects of estate administration as well. Though it may seem complex, it is easier if you break it down into pieces.