Ohio residents who start working on an estate plan may wonder where to start. After all, it is a large undertaking. But when considering estate plans, you should always consider your executor as well.
An executor is a crucial part of your estate planning process. They carry out your will after your passing. This makes them one of the key components. In accordance, you should take your time selecting one that works for you.
Skills of a good estate executor
HuffPost details some of the traits that make a good executor. First, we will look at some of the universal traits. These traits will be helpful in any situation. They include:
- Social skills like communication
- Organizational skills
- Leadership capabilities
- Time management skills
The executor will handle your matters in your place. They hold a lot of responsibility. Because of this, they should fit into a leadership position well. They should show strong organizational capabilities. They should handle complex projects without becoming overwhelmed. They should communicate with others in a clear, empathetic way. After all, they will face grieving loved ones throughout the process.
Picking an executor is a personal choice
Another bonus is if they have experience with legal matters. Probate is a complex process. You can hire an attorney to help your executor through. But they should be aware that the process can last years and may have complexities.
There are some personal considerations when choosing an executor, too. After all, this person will handle your matters. Because of that, you want to make sure they are on the same page as you. The best executors share your moral values and core principles. Having someone like this making decisions on your behalf may help you feel more at ease.