Learn tips that every Executor should know when they are down in the trenches of estate administration!
Setting Your Executor up for Success
When it comes to your estate planning, you want to not only ensure that you are choosing the right Executor, but also that you are providing that individual with the tools they need to succeed in the role and to carry out your legacy. We have written a lot of previous blogs about things to consider when it comes to choosing who to name as your Executor, conversations that should be had, as well as tips and tricks – now let’s look at what you can be doing to set your future Executor up for success.
Conversations with your Future Executor
Having a conversation with the person you have named as your Executor is a crucial step that is often missed when it comes to getting plans in order. We are quick to talk about the latest news, weather, and what happened on that HBO show last night, but why is it that we avoid talking about our estate plans with the ones who will be responsible for carrying out our last wishes?
Today’s Executor vs. Technology
While the level of comfort we each have with technology drastically varies – the big question we should all be asking ourselves is “how comfortable is my Executor with navigating technology and digital platforms?”
Carley’s Corner - The Jimi Hendrix Estate
The biggest mistake that Jimi Hendrix made was that he did not have a Will when he passed. The real question is, who inherited the Hendrix estate?