Preparing the Executor of Your Estate

Choosing an estate executor is one of the most important parts of the estate planning process. Once you choose that person, you will also have to prepare him to put your estate plan into action. Here are a few things to consider about preparing the executor of your estate.

Choosing an Executor

When choosing an executor for your estate, you need to think about many different things. You want to find the perfect person for the job. When looking at candidates, you want to look for several personality factors. First of all, you want someone trustworthy. You are going to be entrusting a great deal of responsibility to this person, and you want to make sure that he will come through for you. You want to find someone who will carry out your wishes to the letter. You also want someone that has some experience in this area. Ideally, you would like to find someone that does not have anything to gain from your personal estate. Therefore, choosing a family member to run the estate may not be the best solution.

Review Your Plan

Once you have selected an executor for your estate, you need to make sure that you review your plan with him. If you have a will, you need to sit down with your executor and read it together. Make sure that there are no confusing statements in the will and make sure that the executor understands everything within it. If you have some type of trust involved with your estate planning, you will also want to go over the details of this with your executor. You want to make sure that the executor understands where every asset is going to go and what he needs to do. After you are gone, the executor is going to be in charge of carrying out your wishes. This means that he needs to understand every last detail of the plan, because you will not be around to consult in the event of a problem.

Access to the Will

You also need to go over with your executor where the will or trust documents will be kept. He needs to know where the documents are, and you need to provide him with access to them. For example, if you are keeping them in a safety deposit box at your bank, you need to provide your executor with a key to the box.


You also need to provide your executor with contact information for your important business and financial contacts. For example, you will need to give him contact information for your CPA, your lawyer, your financial planner and any other important individuals.

Final Wishes

You also need to make sure that the executor of your estate knows your final wishes and has them in writing. If you have specific wishes as to how you would like to be buried, or some other request, the time to go over those wishes is now.

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