How to Hire an Executor: For Your Loved One's Estate or Your Will
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Did you know you can hire a professional executor, instead of burdening some unlucky member of your family?
This easy-to-read guide answers all your questions about hiring an executor:
- What Is an Executor?
- What are the Executor's responsibilities, powers, and duties?
- What's the difference between Executors and Trustees?
- Who Is usually the Executor?
- What happens when you have a suboptimal Executor?
- What is a Professional Executor?
- When does hiring a Professional Executor makes sense?
- How to choose your Professional Executor?
- How are Executor fees are calculated?
- When is the Executor paid?
- Are there fees for naming a Professional Executor in my will?
- My mother named me the executor in her will, but I'd rather hire a professional executor. Is that allowed? (Yes!)