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Things to understand when choosing a will executor in Texas

When creating an estate plan, there may come a point when you need to name a will executor. For some, this is easy. For others, it is much more difficult.

If you want to make the best possible decision, you first need to understand the duties of an executor. These typically include:

-- Distributing assets as outlined by the will.

-- Paying any bills for the estate.

-- Paying any taxes due by the estate.

-- Maintaining property.

-- Making required court appearances.

Now that you understand the typical duties of an executor, you may have a different idea of who should take on this responsibility.

Here are some other questions to answer, all of which will help you understand how to choose the perfect executor for your will:

-- Which person in your life would make the best executor? This is typically a child, sibling, or spouse.

-- What qualities are most important in an executor?

-- What are the benefits of naming an alternative executor?

-- Are there any legal restrictions associated with who you can name as an executor?

-- Does it ever make sense to hire an attorney as an executor?

When you better understand these details, it is easier to choose a will executor who you will be comfortable with. This is not always the easiest decision to make, but it is a big part of the estate planning process.

Final point: Just because you choose an executor today does not mean you cannot change this in the future. You have the right in Texas to make as many changes as necessary.

Source: FindLaw, "Choosing the Executor FAQ," accessed March 31, 2016

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