Choosing an Executor is serious family business

Olga like being prepared, so he went to see a lawyer to draft up her Will and discuss her wishes.

The reason this was so important to Olga is she is on her second marriage and has children from her previous marriage and step children to think about. Her daughter is also separating from her husband. If something happened to Olga, she wants to know that there won’t be any family conflict over who gets what.

When we asked Olga who she chose as the Executor for her Will, she had no idea. In fact, she was so overwhelmed and she wished she had more support and guidance to help her prepare for meeting and the type of decisions she would need to make.

Being an executor is a serious job and it requires a good understanding of complex legal, financial and taxation matters. So who you choose to take on this important role is a decision best made with the right advice.

When it comes to being prepared for your family’s financial future, there is a lot to think about, and it is much more than just making a Will. There are other Estate planning considerations such as testamentary trusts, Powers of Attorney, guardianship for your children, medical care wishes and so much more.

This is why getting professional advice can have a significant impact.

Don't leave your family’s future in the hands of chance.