Thoughts On “Advice for Executors: Get Help”
It is essential to have a good attorney to help you with the legal matters involved with estate administration. The local laws vary greatly from state to state and this has a dramatic impact on the amount of work required. In addition, if the decedent had personal or real estate property located in more than one state, the amount of work increases.
It is essential that any person carefully discusses his or her plans and ideas with a proposed executor before it is too late. Depending on the size and complexity of the estate, it is important to have a trusted executor and legal advisor ready if possible. As people age, they are less likely to co-operate in contemplation of their death. Get it done early and get your estate plan ready well before you need it.
For any of you that are may be an heir while also serving as the executor, get ready for some angry relatives. Keep your documentation in order and don’t be the executor for FREE!