Who Should Be Executor of My Estate?
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Even if you have heard of estate planning, and have further heard of an executor of an estate, you may not know exactly what it is. That’s okay! Many people are unfamiliar with this vocabulary. The reason why people may be unfamiliar with this, and other financial planning vocabulary is that they have not yet begun their estate planning process. But how do I begin the estate planning process? The first thing that you must do is choose an experienced and professional estate planner. Ian Filippini is an expert in estate planning and financial advising. In this article Ian Filippini will briefly discuss what you should think about when choosing an executor for your estate.
First of all, Ian Filippini wants you to know that your estate is everything that you own, all of your assets. In the simplest terms, Ian Filippini says that’s what it is whether you have a large estate or a small estate. The executor of your estate, according to Ian Filippini, is the person who will make sure the wishes of your estate plan are carried out.
But who should be your executor? Ian Filippini says that the most important attributes of someone to choose to be the executor of your estate are trust and honesty. Many people may choose their spouse, or an adult child to be the executor of their estate, according to Ian Filippini. If you do not have a spouse or children that you wish to be in charge of your estate after you die, you may choose anyone that you like who is over eighteen years of age. Ian Filippini says that to be the executor of someone’s estate, you do not need any special education; the courts or lawyers will guide the executor through the process.
Filippini Financial Group, Inc. is run out of Montecito, California. The current president of Filippini Financial Group, Inc., Ian Filippini, also lives in the Montecito area. This is truly a family business. Ian Filippini’s brother has also helped out at Filippini Financial Group, Inc. and Ian Filippini’s father was also the founder of Filippini Financial Group, Inc.
Alfred Filippini passed away in 2009, but Ian Filippini’s mother (Deborah Filippini) is still alive and living in the Montecito area as well. When away from work, you can find Ian Filippini with his nephew Drew.
Filippini Financial Group, Inc. is not a law firm nor does it provide legal advice. Ian Filippini does not provide legal advice and is not an attorney. The article above is not to be considered legal advice. If you are in need of legal advice, please consult a licensed attorney or law firm.