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Choosing the Right Executor and Trustee: A Crucial Decision in Estate Planning

September 06, 2023 - 00:00
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Estate planning can be a tedious process that requires careful consideration of many factors. To ensure the seamless transfer of assets and the protection of your loved ones, you need to make the right choice. One of the critical decisions you will face when preparing your Estate Plan is selecting the right executor and/ or trustee to carry out your wishes and manage your estate.The executor has the responsibility of administering your estate after your passing. The executor’s duties include locating and securing assets, paying outstanding debts and taxes, and distributing the remaining estate to the beneficiaries as specified in ...

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