Another very important step to planning out your estate is to choose the executor of your estate. You want someone whom you can trust, and you also want someone whom you think would be good at handling this type of responsibility in general.
It's not always easy settling up debts and handling the distribution of assets, and an executor needs to be able to carry out this monumental task. Speak with the person you select to make sure he or she knows that it's going to be his or her responsibility when you've passed.
It's not always easy settling up debts and handling the distribution of assets, and an executor needs to be able to carry out this monumental task. Speak with the person you select to make sure he or she knows that it's going to be his or her responsibility when you've passed.