When you are trying to find the best person possible to be the executor of your estate, you may not know how to narrow down your choices. While everyone involved has positive qualities, you should also think about the negative qualities they possess in order to get a full understanding of whether they would be a good fit or not.
Learning about the negative traits that can make this role hard can help you.
Treats certain beneficiaries unfairly
According to Forbes, executors who have clear favorites when it comes to beneficiaries may struggle to properly address all concerns or problems that these beneficiaries have. If your choice for the executor role is closer to one beneficiary than another or does not get along with one or more of your beneficiaries, it may cause frustration during this process.
Ignores or forgets deadlines
When your choice for executor tends to forget to submit paperwork on time, this can potentially lead to more complications when they have to meet deadlines. Executors need to contact the court and deal with debts, leases and banks.
All of these tasks require someone who is willing to stay organized and dedicate time to your property and taxes.
Has less flexibility and is older than you
If your choice for executor lives across the country and cannot often commit time to talking with beneficiaries or dealing with the details of an estate, it may not be a good fit. You should also pick someone younger than you who will likely outlive you.
Taking time out of your day to think about what the role of an executor requires can help you narrow down the people you choose for this job.