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Choosing An Executor

When Choosing an executor you must consider the legal matters about calgary legal wills. you must have the legal aid from calgary legal wills lawyer|Russ Weninger. Visit at calgarylegalwills.com.

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Choosing An Executor

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  1. How to Choosean Executor By Russ Weninger Calgary Legal Wills Lawyer

  2. Slide Title In a will, an executor has a tremendously important job. Sometimes an executor is called an executrix (if female), a trustee, or a personal representative. Regardless of the title used, the job of the executor is to make sure that the instructions set out in your will are followed.

  3. LOCATION If you’re buying a home and asking a Realtor what is important to consider, he or she may respond by saying, “Location, location, location!” In choosing an executor, my advice would be quite similar. My preferred considerations in choosing an executor are location, relation, and cooperation.

  4. Let’s consider the first part of the triad – location. It matters a great deal where the executor lives. If he or she lives near you and your assets, it will likely be relatively easy for your executor to act for your estate when necessary.

  5. RELATION The second item in the triad is relation. In Canada, an executor is typically someone who is closely related to you. In most cases, spouses and adult children are the best choices for executors. For single people without children, siblings are often good choices.

  6. You typically want to pick someone who is close to you and willing to take on the responsibility, someone who is around your age or even younger, and, in many cases, someone who will otherwise benefit from the estate.

  7. COOPERATION The last thing to consider is cooperation. First of all, is the person you’re considering even willing to take on the responsibility? If the answer is yes, will this person be willing to follow the instructions you have set out in your will? If the answer is also yes, will your choice for executor be able to get along with the other beneficiaries.

  8. For more information: Visit us at: calgarylegalwills.com Contact us at: 403-265-4496 russ@russweninger.com

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