Naming an executor in your will is one of the most important steps in the estate planning process. This is a decision that shouldn’t be taken lightly, as the person you select will be in charge of wrapping up all of your affairs after you pass away and ensuring your final wishes are carried out. Because the role involves a great deal of responsibility, not everyone you know will be right for the job. Here are a few tips to help you make the right choice. 

How to Select an Executor for Your Estate 

1. Make Sure They Meet the Requirements 

First, you need to ensure the executor you appoint is qualified to serve in the position. Every state has legal requirements that must be met. In Florida, an executor must be at least 18 years old, have physical and mental capacity, and a background clean of felony convictions. Also, if you choose a nonresident, they have to be related to you by blood, adoption, or marriage. Your estate planning attorney can explain local laws. 

2. Pick Someone Who Is Trustworthy & Organized 

An executor should be someone you know you can trust. You must count on them to manage your assets, pay your debts and taxes, and act in the best interests of your beneficiaries. 

Thus, you want a person who will stay on top of all the details necessary to settle your estate while keeping your finances confidential. Picking the wrong person can result in tax problems, mismanagement of assets, and will contests. 

3. Find a Neutral Party 

A vital part of an executor’s job is figuring out how to honor your wishes while avoiding conflict among your beneficiaries and loved ones. When it comes time to divide a decedent’s estate, tensions and emotions often run high. For this reason, it’s a good idea to decide on a neutral party who can minimize disputes and be fair and impartial. Many people automatically name a close family member or friend, but keep in mind an executor can also be your estate planning attorney or accountant. 

For help navigating all aspects of the estate planning process, turn to the law office of Nelson C. Keshen, P.A. in the Greater Miami area. In practice for more than 40 years, he can draw on his experience in this field to provide you with sound legal advice on creating a plan that protects your loved ones and legacy. With his assistance, you can be confident that your estate will be handled as you desire. Call (305) 670-7010 to schedule a consultation, or visit him online to learn more about his services.