Considerations When Choosing the Executor of a Will: A Guide for Residents of Rochester and the...
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![Page 1: Considerations When Choosing the Executor of a Will: A Guide for Residents of Rochester and the Finger Lakes](https://reader034.fdocuments.us/reader034/viewer/2022042907/58e49df11a28abf5428b588b/html5/thumbnails/1.jpg)
196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
CONSIDERATIONS WHEN CHOOSING THE EXECUTOR OF A WILL
A Guide for Residents of Rochester and the Finger Lakes
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
WHEN YOU CHOOSE AN EXECUTOR
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
When you create a will, generally you should name an executor in
your will.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
If you do not choose to name an executor, the probate court will
have to appoint someone to serve in this role instead.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
WHY YOUR CHOICE MATTERS
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Your executor has a lot of responsibility.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
The executor has to take care of winding up estate affairs, has to handle legal issues, and has to
manage property.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
You want someone who is up to the task.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
THINGS TO CONSIDER
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
There are many things to consider when you select an executor of your
will.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Some of the following are key characteristics to look for when
choosing an executor of your will:
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
ABILITY
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
The person who you select as an executor must be able to carry out
the tasks that an executor is required to do.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Executors have to manage property and care for your investments.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Choose someone who knows how to do this.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Executors have to comply with tax requirements and probate rules.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
An attorney helps, but you need an executor who can find a lawyer and play his or her role in the process.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
INTEGRITY
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Executors have a fiduciary duty to act in the best interests of the
estate.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
This means protecting heirs and making sure the wishes of the
deceased are respected.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
You still want to choose someone honest, because you do not want your
family to have to make a breach of duty claim if an executor starts taking estate assets or otherwise fails to live up to the
trust you have placed in him.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
WILLINGNESS
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
The person you select as an executor has to be willing to fulfill
this role.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
It can be tough to take on the task of serving as an executor when you are
also coping with grief.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
GETTING LEGAL HELP
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
An experienced Rochester and Finger Lakes estate planning lawyer
can help you to determine who to choose as an executor.
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
LEARN MORE ABOUT CHOOSING THE EXECUTOR OF A WILL IN NAPLES, NEW
YORK
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196 North Main St., PO Box 417, Naples NY 14512
1163 Pittsford-Victor Road, Suite 120, Pittsford 14534-3817
Click to visit mrobinsonlaw.com. Or call us at (585) 374-5210 to
schedule a consultation.