Difference between revisions of "Preparing a Will and Estate Planning"

Preparing a Will and Estate Planning (view source)

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 ==How should you choose an executor?==
-Choose an executor you trust and who will likely be alive when you die. He or she may be a trusted family member or friend; in many cases, you might appoint your spouse, or if you are both elderly, an adult child or children. It helps if he or she is also organized, good at keeping records, and a good communicator. Most important, the person must be willing to take on the duties of executor.
+Choose an executor you trust and who will likely be alive when you die. He or she may be a trusted family member or friend; in many cases, you might appoint your spouse, or if you are both elderly, an adult child or children. It helps if he or she is also organized, good at keeping records, and a good communicator. Most importantly, the person must be willing to take on the duties of executor.
 If you have a second family (called “blended”) with step children, it is important to talk to a lawyer to ensure that the wishes of both you and your spouse are followed. Your will does not have to be the same as your spouses, but it is important to consider all aspects of your family situation.