From our “Ask a Question” Mailbag: Named Bucks County Co-Executors Not Getting Along
Most Recently Updated July 16, 2018.
“I live in Bucks County, and my Will names my two children as co-executors. I thought this was a natural thing to do, but my children have not been getting along recently. What are my options?”
Named Bucks County Co-Executors Not Getting Along
Naming your children as co-executors when they don’t get along is a bad idea. Co-executors have to work well together and cooperate. Children who are having a dispute can transform a small family squabble into a feud that could last for generations.
You should investigate changing your Will to name another family member or, if you have none that you trust, to name your Bucks County Estate Planning Attorney. Your lawyer will charge a fee, but that fee will be small when compared to the potential costs of litigation and family turmoil between siblings. When named executor, I normally ask that the document state that I receive my hourly fee rather than a percentage of the estate, which many lawyers take. I find the hourly fee is fairer for everyone involved.
More Planning Questions?
Choosing the right person to be executor is only a piece of the Estate Planning process. By all means, if you want to learn more, please read my more detailed article, Estate Planning Everything You Need to Know.
In Conclusion: Named Bucks County Co-Executors Not Getting Along
I hope that this article was helpful in explaining executor options. Further, I included links to even more detailed information on my website so you can learn more. Therefore, please contact me and let me know how I did. Certainly, your comments and questions are welcome!
Let our Estate Planning lawyers help walk you through what can be a confusing process. To begin with, call to speak to one of our experienced estate planning lawyers. By all means, our lawyers are ready to answer your questions. In fact, feel free to contact our office for a free consultation. Ultimately our goal is to make the process as painless as possible!
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