The executor of your estate is an important part of the estate planning process. In this article, Mikel J. Hoffman discusses how to chose the individual that will be carrying out the legal and financial matters of your estate, and the benefits of choosing a family member in certain instances.

Choosing An Executor for Your Estate

Deciding whom to make your executor is a very difficult decision. Some of their responsibilities, according to this article, include collecting and taking inventory of the assets, paying off any outstanding debts, taxes and the expenses of administration, and then distributing the remaining assets to those persons entitled by the last will and testament.
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