How should I select executors for my estate?

When choosing executors for your estate, it is important to consider the responsibilities of the role. An executor’s job is to carry out the wishes you have made clear in your will when you pass away. In North Carolina, the executor of your estate is responsible for: • Gathering and managing estate assets • Locating and notifying heirs and beneficiaries • Paying debts and taxes • Filing tax returns • Distributing assets to the right beneficiaries • Handling disputes between heirs or beneficiaries • Representing the estate during probate court proceedings Given the crucial responsibilities of an executor, it is important to choose someone you trust to handle all of these matters in an efficient and timely manner. Make sure it is someone you know and are comfortable with. They should be familiar with your estate planning wishes, and have the time, energy and capacity to carry them out. Consider the executor’s age and health, as well as their location, so that they are available to handle your estate when needed. Also, make sure the executor is someone who is organized and has the knowledge and experience to handle estate paperwork and dealings. An executor should also be someone who has a good relationship with all the beneficiaries and heirs, so they can best represent the estate interests. Lastly, you should choose a backup executor in case the first one is unable to fulfill the role. Once you have picked your executor, make sure you have a clear understanding of their role, and what is expected of them. That way, you can be sure your estate will be in good hands.

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