Who can be An Executor ?

Estate planning is the process of accumulating and disposing of wealth before death of individual or a group of owner known as estate owner including married couple. It aims is to maximize the wealth of the estate owner. The most important goal of estate planning is to make sure that the greatest amount of the estate passes to the estate owner's intended beneficiaries while paying the least amount of taxes. If you are chosen as an executive in a decreased person will, here are your duties.

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1. Definition of Executor
As we mentioned in previous article, an Executor is the person named by decreased person before his or her death in the most recent will and he or she has the responsibility to administrate the deceased’s estate.

2. Who can be an executor
There are many concerns when you decide to choose someone as an executor in your will, here are some examples.
a) Your executor in a will should be someone is trustworthy and respectable to your family. He or she should know and agree to carry your wishes upon your death.

b) Your executor must be able to read, write and speak English fluently and capable to perform the duties of an estate executor. Requesting other people to translate or interpret the will is costly and make the matter more complex.

c) If you think your estate is complex enough or you suspect your will may cause some controversy among designate beneficiary, you may consider to name a professional executor, such as a trust company or lawyer to carry the duty upon your death.

c)Your executor should be someone who you have known for many years so that they can carry his or her duties without causing any interfere or delay with your wish.

d) Remember that person was named in a will as executor is under no obligation to serve. You make sure you have discussed your wishes with that person beforehand so he or she understands the duties as an executor and is comfortable with the performance of those duties to avoid any unnecessary delay of your estate administration.

e) Make sure you also appoint an alternate executor in case the primary executor is unable or unwilling to perform those duties at the time of your death.

f) Your executor should of course be someone healthy and likely to outlive you.

g) You may wish to appoint professional to act as your executor if you anticipated controversy or conflict among beneficiaries.


The duties of an executor is to carry our estate administration and to ensure the decreased person final wishes are respected and is allowed to charge a 2.5% fee on capital disbursements or on capital receipts.

I hope this information will help. If you need more information or insurance advices, please follow my article series of the above subject at my home page at:
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