What Qualities And Abilities Should An Estate Executor Have?
When you write a Will as testator in Buffalo, NY, it is especially important to choose competent and trustworthy executors and alternate executors. Otherwise, even careful estate planning may be rendered useless. The executor can be any person or institution that you choose. However, an executor should be:
- Experienced and competent in business matters;
- Familiar with your business, finances and property;
- Able and willing to act as your executor;
- Able to spend the time necessary to perform his or her duties;
- Able to work with the estate’s attorney and accountant; and
- Able to provide for the continuation of your business.
