It’s not uncommon for people to discover they have been named an estate’s executor after the death of the testator (the person who created the will). This often leads to more confusion during a time of grief, which can potentially affect one’s ability to serve capably.
After identifying the person you believe is best suited to administer your estate, it’s crucial to inform them. Here is how you can do this:
Preparation
Before meeting with your chosen party, prepare the documents that will help them understand your estate and their role. These include a detailed record of your assets and liabilities, as well as the contacts of the professionals on your team. Such information helps them understand the complexity of the estate and that they have access to experts.
You can then set the meeting. Choose an ideal time, when both of you have adequate time for the discussion, and a location that’s quiet and private.
The conversation
Be gentle and clear during the conversation. Start by telling them you have selected them to be your estate’s executor and why you chose them. Then, help them understand the role. Let them know the duties they will be assuming immediately and later.
Moreover, explain your estate to them. Share the documents you gathered and inform them where your items are stored. It’s also vital to be honest about your family dynamics, for instance, potential conflicts.
Encourage your chosen party to ask questions throughout the discussion and finish by telling them they can take time before responding.
The initial conversation with your chosen executor is critical. You want to help them understand the role and manage their expectations. Once they accept, you should officially nominate them in your will.
