Naming Co-Executors: Good? Bad? Other?

One of the most important decisions you have to make when making a last will and testament is deciding on who will be the executor. Also known as a personal representative, your executor has important responsibilities when it comes to managing your property after you die. Because of the vital nature of the position, some people consider naming two or more co-executors. Here’s what you need to know if you’re considering naming co-executors. Why people choose co-executors. Many people who create a last will and testament are very aware that their gift choices will have an important effect on their children, grandchildren, and other family members. In many situations, such as when parents choose to leave gifts to their children, they want to appear as fair and equal as possible. Because of this, many parents choose to name both or all of their children as co-executors. When they do this, they’re not doing it because they believe coal executors will be better able to manage the esta


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