Becoming an executor can be overwhelming. But it doesn’t have to be.
An executor can be thought of as an administrator of your will: the person in charge of delegating and initiating your will or estate plan. Assigning the executor takes time and careful consideration to ensure that requests for your end-of-life are properly handled. We picked out the Top 5 books about how-to be the best Executor you can be and how-to choose the most appropriate executor to handle your estate. Our analysis of each book comes from Atorney-at-Law Robert L. Shepard, who specializes in estate planning and trusts.
Book #1: The Executor’s Guide, Mary Randolph, Nolo Press
Settle an estate or trust with this all-in-one guide for executors. The Executor’s Guide will help you make progress one step at a time through the unfamiliar land of legal procedures and terminology. It explains how to:
- handle trusts
- claim life insurance, Social Security, and other benefit
- determine whether probate is necessary
Book #2: How to Probate an Estate – A Step-By-Step Guide for Executors, By Enodare
This book explores the process from the moment the deceased passes away right through to the distribution of assets. Items such as death certificated, autopsies, funeral planning and asset management are discussed at length. It will show you how to:
- initiate and close probate with ease;
- learn how to locate and manage estate assets;
- deal with creditors’ claims, taxes and trusts;
- avoid the common mistakes made by many executors; and more.
Book #3: The Executor’s Handbook, Theodore E. Hughes
The Executor’s Handbook is a step-by-step guide for estate executors and personal representatives. Covering everything from probate to wills to liquid assets, it helps readers determine the best course of action as an executor.
Book #4: The Complete Executor’s Guidebook by Benjamin Berkley
A step-by-step guide to settling a loved one’s estate. With it you will feel confident that you are doing everything you need to do, such as:
- Preparing for your role as an executor or trustee
- Making claims for insurance, social security and other benefits
- Understanding the will or trust provisions
- Handling situations when documents are missing
- Going to court
- Dealing with taxes
- Finding your state’s laws
Book #5: Please Don’t Die, But if You Do, What Do I Do Next? A Practical and Cost Saving Guide for the Estate Executor
This book is for meant to help those who have been named as an executor, for someone who has asked a loved one in to be in charge of their estate or for one who just generally wants to know what the process of closing an estate is all about.