Should a family member serve as the executor of your estate?

You will want to name an executor or personal representative to help administer your estate after you’re gone. Most people think that a family member is the best person to perform this task. However, this may not always be the case. Estate administration is a big responsibility. You will want to ensure that the person you choose is trustworthy and up to the task.

Traits you should keep in mind

You should look for certain traits when choosing an executor. Because this is a position of great responsibility, you should choose someone capable and professional. Good executors share many of the same qualities of good leaders, though an effective executor need not have served in any type of leadership role. Strong organizational skills are essential.

Good communication skills are also crucial. As with leadership, communication need not be their bread and butter. However, you should expect someone to be able to communicate with your grieving loved ones in a way that is empathetic and tactful.

Look for someone who will have your interests in mind

You will want to be sure that whomever you choose is unlikely to have any type of ulterior motive and who will only work keeping your interests and legacy in mind. Someone who shares your philosophy and principles is also important. Doing so will help ensure your point of view will be honored.

Sometimes, the perfect executor for your estate will be a close relative. However, this isn’t a requirement. Do not base your decision on what you feel you “should” do. Base your decision solely on the person who will best suit your needs.

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