How do I choose an executor and other key players in my estate plan?

Choosing an executor and other key players in your estate plan is an important decision that should be made carefully. Here are some factors to consider:

1. Trust: Choose someone you trust completely to carry out your wishes and manage your estate.

2. Capability: The executor should have the ability to manage your estate, including handling financial matters, dealing with family members, and making difficult decisions.

3. Availability: The executor should be available to manage your estate when needed. This means choosing someone who is willing and able to serve.

4. Age: The executor should be someone who is likely to outlive you and be able to serve when the time comes.

5. Relationship: The executor should be someone who has a good relationship with you and your family members, and who can work well with others.

6. Knowledge: The executor should have some knowledge of estate planning, tax laws, and financial matters.

7. Experience: It can be helpful to choose someone who has experience serving as an executor, but this is not always necessary.

8. Compensation: Consider whether you will provide compensation for the executor's time and effort, and discuss this with them in advance.

Remember, you can name alternate executors or other key players in your estate plan, in case your first choice is unable or unwilling to serve. It's important to review and update your estate plan regularly to ensure that your wishes are being carried out properly.