While writing your will, you’ll want to assign an “executor” to oversee its fulfillment when the time comes. An executor is legally responsible for making sure the demands of your will are met. This could include tasks like:
– Locating and accounting for all of your assets
– Paying off your remaining debts
– Delivering possessions to family members according to the will’s requirements
Don’t wait until it’s too late. Choose an executor early on in the will drafting process (and for safety’s sake, name a backup executor or two as well), and inform your estate planning attorney of who you have chosen.