03 Jul The basics of becoming a co-executor of a will
A: When you and someone else are named as co-executors in a Will, that essentially means that you must execute the Will together. You must both apply to Probate the Will together. You must both sign checks and title transfers together. Basically, neither of you may act independently of the other.
This can prove to be cumbersome and difficult to manage if the co-executors live in different areas. In fact, I very seldom recommend naming co-executors in Wills that I write for that fact alone. It simply makes administration of the estate more of a challenge than it necessarily needs to be. Everyone’s situation is different, of course, but I often recommend my clients name a single person or entity as an executor and another as an alternate executor.
As always, my office is glad to assist you in preparing your Will and Estate Plan that best protects your loved ones.
*The information presented here is only for information purposes and is not legal advice. Everyone’s circumstances are different. If you have legal questions, please consult an attorney. This question and answer does not create an attorney/client relationship.