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Sunday, August 29, 2010 Who should be my Executor? The question is simple, and we hear it every day in our firm. Who should manage my affairs when I die?  No doubt, it's not the most pleasant of subjects. No one enjoys planning for their death. But naming someone to settle your affairs when you go is crucial.    Even more crucial is naming someone you trust, someone who is competent to take on the role, and someone who is a peace maker.    Your executor may or may not be someone in your family. Usually for moderate estates, it is a family member. With more complex or larger estates, an executor role may play a small role, whereas a trustee may play a significant role.   Our firm is trained to help you choose an executor that is appropriate for your estate. We spend a lot of our time with our clients to understand their circumstances. Only at that point can we can advise on who would or wouldn't be a good choice.    Here are some factors we analyze in choosing an executor: 150% Trustworthy Peacemaker Competent Ability to accept role and carry out all parts of role Location (closer, the better) Relationship with other family members How ethical the person is Choosing an executor is important. If we can be of assistance to you or your family for any estate planning matters, please call us today (215) 706-0200. Our initial consultations are always complementary. Permanent Link write a comment

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Caution: Do-It-Yourself Wills Social Security For Spouses Your Digital Assets 2011 December Estate Tax Update / 4 Common Estate Planning Questions Asset Preservation: Your HOME The $400 Million Estate Will Contest November Evaluate Your Estate Plan Executors; Estate & Gift Tax Update Estate Planning Misconceptions Advantages of Living Trusts October Nursing Home Costs - Rising Fast? Did Steve Jobs Have An Estate Plan? CLASS Dismissed 7 Estate Planning Questions Is it time for a WILL review? September Estate Planning Tips Five Myths About "Living Trusts" IRA's and Estate Planning Fall 2011 Estate Planning Essentials August Long Term Care Costs Powers of Attorney 101 Ethics and Estate Planning Ten Reasons To Write A Will Estate Recovery and Medicaid July Special Needs Planning Five Estate Planning Red Flags New Radio Show June Elder Abuse and Predatory Marriages Asset Protection For Your Heirs Estate Planning 101 - Class is in session! 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The Law Offices of Jeremy A. Wechsler assist clients with Estate Planning, Wills, Trusts, Asset Protection, Special Needs Planning, Powers of Attorney, Will Challenges and Probate/Estate Administration in Willow Grove, PA as well as Abington, Hatboro, Dresher, Horsham, Bryn Athyn, Huntingdon Valley, Fort Washington, Jenkintown, Glenside, Oreland, Warminister, Wyncote, Ambler, Elkins Park, Flourtown, Philadelphia, Warrington, Cheltenham, Gwynedd Valley, Jamison, Feasterville Trevose, Richboro, North Wales, Blue Bell, Lafayette Hill, King of Prussia, Collegeville, Oaks, Phoenixville, Oxford Valley, Langhorne, Penndel, Bristol, Fairless Hills, Bensalem Plymouth Meeting and Furlong in Philadelphia County, Bucks County and Montgomery County.