What Every Executor Should Know Before Accepting the Role
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#EstatePlanning#Executor#Probate#EstateAdministration#LastWill
A backup executor can become important when the first person named is unwilling or unable to serve.
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Grief and estate responsibilities can arrive at the same time, making an already difficult loss even harder.
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A complicated estate may include property, investments, mineral rights, music rights, or other assets that take time to manage.
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Choosing an executor means choosing someone to handle court duties, assets, records, and final distributions.
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Trust matters when one person may be responsible for everything from bank accounts to valuable personal property.
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When Is the Right Time to Update an Estate Plan?
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#EstatePlanning#Will#Trust#LifePlanning#FamilyProtection
Divorce, marriage, birth, and death can all change who should be trusted with an estate.
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An outdated will can leave a family without the executor originally intended to handle the estate.
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Protecting your family’s future. "Your Family's Fortress" by Patti B. Garner is a simple guide on using trusts to safeguard what matters most to you. Get your copy: https://t.co/yfk1HeaJIk #GarnerLawFirm#GarnerFamilyLaw
Hiring a professional to manage an estate may be an option when no suitable family member or friend is available.
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Two people can serve as co-executors, but that arrangement can bring its own challenges.
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A person who struggles with money or has serious personal problems may not be the right choice to manage an estate.
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