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Estate Planning Blog

How to Choose an Executor or Successor Trustee with Your Sacramento Estate Lawyer

December 24, 2013

The decision of who to appoint as your executor or trustee is a huge one, and we’ve talked about it a bit in the past. Still, it’s important to make sure that you have the information you need to make the right choice with your Sacramento estate lawyer. This person will hold incredible responsibility for overseeing what becomes of your estate, and you want your choice to reflect this.

It’s not unusual to name your spouse as the executor or trustee, but there are certainly other options. You may determine that one of your adult children is a good choice or prefer to have a family friend in charge. In some cases, you may even place an attorney in the role. No matter who you choose, you’ll want to also list an alternate in case there is some reason your first choice is unable to take care of the duties required.

Some things to consider when choosing your executor or successor trustee:

  • The process of closing an estate can take a very long time, so you want to choose someone who will be committed to following through.
  • The person chosen will have access to your finances, and there are opportunities to abuse the trust placed in him or her. For this reason, among others, you want to choose a representative in whom you have complete trust.
  • There are many details and conflicting interests that will need to be managed during the process, so you want to choose someone who is organized and able to juggle these responsibilities.
  • Dealing with the estate requires working with a wide range of people and institutions.  The person you choose to represent you must be able to clearly communicate with all of them.
  • Because there are a lot of financial considerations to be made, it’s also best to choose someone who is responsible with money and has a decent grasp of how to manage it.
  • The person chosen will likely need to spend time in your home or business, going to court, meeting with attorneys, etc. For this reason, estate lawyers in Sacramento will often recommend you choose a representative who is physically available, possibly even someone living in the area.

Finally, you want to ensure that the person you name to handle your estate is willing to take on the job. It’s best to discuss the responsibilities and expectations with him or her to make sure it’s something the person feels up to taking on. Spouses or children may feel like they would be unable to do the job in the midst of their grief, others may just not want the responsibility. By discussing it with them before having your Sacramento estate lawyer name them in your documents, you won’t be adding an extra burden to someone who isn’t able to accept it.

Call The Chubb Law Firm today at (916) 241-9661 to review your goals and discuss your options.

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I was absolutely without a clue as to how to begin or what I should do to establish an estate plan. I did know that I wanted someone I could trust, that was honest and I would have confidence in. I was referred to Heather by my friend who was being legally advised by Heather on another estate. She was very satisfied with her work and thought I might be happy with her service. At our consultation appointment, her presentation was very thorough. I had lots of questions, and she was easy to talk to and was able to guide me to just the kind of estate plan I needed. That was 10 years ago. Due to circumstances in my life, I have had to make changes to my plan, and I always go back to her for her legal services and guidance. I have recommended Heather before.
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