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McCurrie McCurrie
& McCurrie, L.L.C.

680 Kearny Avenue
Kearny, NJ 07032-3010
Phone: (201) 467-4180
Fax: (201) 997-9567
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Trust is Key in Selecting a Personal Representative

In our last post, we talked a little about what you can accomplish by making a will. One of the most important things laid out in that document is the person you choose to be the personal representative or executor/executrix of your estate. This is the person who you will entrust to administer your will and see to it that your wishes are followed.

Often times people will choose family members, friends, or business associates to fill this role. While those choices may be perfectly appropriate in most circumstances, this is an important decision and one in which you should take some time to think about before you make your choice.

Some people make the mistake of using sentiment when choosing a personal representative. Keep in mind that the choice you make is really a business choice, it should not be a decision based on whom your favorite is, or whom you have the closest relationship with. A personal representative will need to make decisions about money, will have to pay bills and creditors, and will have to distribute assets as you have directed. Sometimes these tasks are best left to someone slightly removed and impartial.

This isn't to say that a close relative, or even a beneficiary, cannot make a good personal representative, but one should take some time to contemplate this decision to make sure that the choice of representative does not complicate matters even more after you are gone.

If you need to draft your first will, or if you already have a will and would like to make changes, you should contact an attorney to help you draft or update your documents. These types of tasks are something we often put off, but if you are proactive, you can make the arrangements you need to and ensure your loved ones are cared for.

Source: Mainstreet.com, Don't Leave Earth Without This!

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