Whether one is named as the executor or personal representative in a will or the trustee or successor trustee for a trust, being chosen to carry out someone’s last wishes can be viewed as a high compliment. The person selected often feels so honored to be named that the response is almost always a gracious agreement. In most cases, neither party understands the huge time commitment, complexity, and liability that being an executor entail. It’s possible that, if both did, fewer people would be asked and even fewer would accept the job. Read more here.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.
Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.