When it comes to creating a will, many people think that they need to work with an attorney to get it done properly. However, there are now online platforms like TruWill that can simplify the process and make it easier for you to create a legally valid will. One question that people often run into while creating a will online is who they should select as their executor. In this blog post, we’ll explore some tips on how to make that choice.
Choose someone you trust
You should choose someone who you trust completely, who you know will carry out your wishes as you intended. That person will vary depending on your situation. Many people select a parent, sibling, child, or other close relative; but don’t be afraid to go with a friend if that fits your situation better. If you do choose someone older than you who becomes unable to execute your wishes in the future, you can always update your executor through TruWill’s maintenance plan.
Consider their financial and legal knowledge
Being an executor is easier with knowledge and experience in financial and legal matters. Consider the financial and legal knowledge of your prospective executors to ensure they are capable of managing your assets, paying off your debts, and distributing your assets according to your wishes.
Think about age and health
Your executor should be someone who is likely to outlive you and is in good health. If your chosen executor is not in good health, you’ll want to ensure you have a maintenance plan with TruWill in order to make adjustments down the road.
Look for someone who is organized and detail-oriented
It is ideal to select someone who is detail-oriented and organized to ensure that your wishes are carried out properly. This is where your best childhood friend may not make the cut!
Discuss your decision with your chosen executor
Before making your final decision, have a conversation with the person you’d like to choose. Make sure they understand the responsibilities that come with being an executor and are willing to accept the role. Additionally, make sure they know where you will store your legal documents so that they can find them.
Consider creating your will with TruWill online
Creating a will with TruWill online can be a convenient and cost-effective option. TruWill provides an easy-to-use online platform that guides you through the process of creating your will step-by-step. If you aren’t sure about filling out the forms yourself, give us a call and we will be happy to fill them out for you. Our software ensures that your documents meet all legal requirements in order to be valid in your state.
Once your will is complete, we will send your documents in a binder that you can have signed and witnessed according to your state’s requirements.
No matter how you plan your future, we wish you the best of luck!
