When it comes to appointing an Executor to carry out the last wishes in Will writing, many people make a decision based on Emotional Closeness . In most cases, people name the spouse, family members, relatives, colleagues or close friends when the topic of appointing an executor is raised for discussion. "Putting the burden on a close family member or trusted family friend, who do not have the required professional knowledge, is rarely a wise decision." While grieving your loss, y our appointed executor will be put in a spot by brewing family squabbles and potential accusations of conflicts of benefits, if he/she is a named beneficiary in your estate planning. It is a weighty decision, given the heavy role and responsibility expected of the Executor. Basic Duties of An Executor Your Executor begin with a basic duties include searching for the original will, reading Will to all the beneficiari...
Trust and Will Writing - Estate Planning Advisor (Malaysia, Singapore)