You’re the Executor of a Will! Do You Know What To Do?
Thomas Lapp
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Thomas Lapp
Daily Money Manager | Helping you manage household finances | Bringing peace of mind to struggling older adults | Busy families | Individuals
Have you been named to be an Executor (or Executrix) in someone’s Will? If so, do you have any idea of what you’ve signed up for? At a high level, you probably know that it means going through all of the deceased’s worldly possessions and distributing them the way they wanted. But it is more than that. I’ll let a fictional friend, Sandra, describe her experience of being an Executrix for a cousin.
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2yI've been an executor since 2015. Last week I finally signed the papers to file the estate with the court, and hope it will be finalized in January. To quote Bob Seger, "Wish I didn't know now what I didn't know then."