Making a Positive Impact

Protect your estate plan when you choose the right executor

On Behalf of | Mar 2, 2021 | Estate Planning |

Part of developing and maintaining a reliable estate plan in Georgia is wisely choosing who to rely on for help. For example, an executor will oversee the distribution of your assets after your death and should be someone you trust.

When you understand the responsibilities of an executor, you can confidently identify someone with the right skill set who will honor and respect your end-of-life wishes.

Find the right fit

Distributing your assets and overseeing your estate settlement involves a lot of important activities. According to Fidelity, some of the tasks that your executor may need to handle include the following:

  • Requesting court documents
  • Collecting and distributing assets
  • Paying outstanding debts
  • Submitting tax returns

Because your executor will work closely with your family, you will want to find someone who you can trust will show empathy to those you love. Your executor should possess organization and time management skills, as well as a proven track record of taking the initiative to get things done.

Express your wishes

As you prepare your estate plan, consider the legacy you want your family to remember you by. Share your wishes with your executor and express why you have chosen to rely on him or her to oversee your estate. Encourage questions so you can provide as much information as possible while you are still living.

You can also explain to your family why you chose the executor you did. Express your desire for your family to stay unified. Encourage them to support the executor and to use patience and flexibility in waiting for your estate to finalize. Finding the right executor can not only solidify the outcome of your estate but give you the peace of mind that your surviving family will be well taken care of.