Appointing a personal representative for your will is important, as they will be the individual that enforces your specific wishes after you’ve passed on. Also known as the executor, this representative should be someone you fully trust. You may choose a family member, close friend or anyone you feel will be right for the job. The executor should be made aware of their duties and responsibilities and also be able to undertake them without any issues.
The executor will be responsible for various tasks:
- Consolidating and managing your assets
- Collecting any debts owed to you at death
- Selling property
- Paying taxes or other expenses owed on your behalf, upon your death
- File necessary tax and court documents for your estate
- Closing the estate
While the responsibilities of the executor might be overwhelming for them to learn and understand, it’s important to realize that our wills lawyer in Raleigh NC is here to work with you and your executor, every step of the way while you plan and document your will. That’s why it’s important to make sure you indicate your intentions to the executor you choose, before you pass. That way, they’re able to take time to become comfortable with the duties you’ve trusted them to perform. For questions regarding choosing an executor or the duties they’re expected to fulfill, don’t hesitate to contact us.
For more information about wills from our wills lawyer in Raleigh NC, be sure to visit back with us, soon! We will focus on more information that should be included in your will, as well as, what happens if you unexpectedly pass without a will in place.
Klish and Eldreth, PLLC | Wills Lawyer in Raleigh NC
If you haven’t started planning your estate yet and would like to do so, feel free to contact our lawyer in Raleigh NC. We are here to help you with all your estate planning needs. To set up a consultation at our office, call today!