Your estate executor is responsible for handling your affairs when you are gone, ensuring your final wishes are honored, and managing the administrative tasks of settling your estate. Therefore, choosing the right person for the job should be a carefully considered decision as it will determine how smoothly your estate will be managed and distributed.
First are the legal requirements that an executor must meet in Florida. They must be at least 18 years old, physically and mentally capable of performing their duties and not have disqualifying criminal convictions.
There are also residency restrictions that apply. Any Florida resident qualifies as an executor if they meet the other requirements. If you choose someone from out of state, they must be related to you by blood, marriage or adoption.
The traits to look for
Beyond the legal formalities, it’s important to assess the individual traits of the person you choose as executor. Here are some key qualities to consider:
- Organizational skills: The executor should be able to manage the paperwork and meet the deadlines involved in the probate process. This includes keeping track of responsibilities such as settling debts, filing tax returns and distributing assets.
- Integrity and trustworthiness: The executor will have access to your assets and financial information. As such, it’s crucial to choose someone honest and reliable with a strong moral compass and the ability to act impartially.
- Strong interpersonal skills: You want someone who can communicate effectively, listen actively and handle any difficult situations or disputes that may arise among the various interested parties.
After identifying potential candidates, have an open conversation with them about your expectations, address any concerns and discuss their availability to take on the role. It’s also wise to appoint an alternate executor in case your primary choice is unable or unwilling to serve when the time comes.
Reaching out for legal guidance when choosing an executor can help you understand your options and make an informed decision to safeguard your estate.
