Appointing an Executor

How To Appoint an Executor

To appoint an executor for your client's will in the Legacy Planner system:

1. Navigate to the "Appointing Executor" section under "execution and distribution"

2. Review the description of the executor's responsibilities

3. Explore corporate executor services through trustee partners (like Palladium Trustee) if desired

4. To appoint an individual, select that option and enter their details

5. Click "save" to record the appointment

FAQ - Appointing an Executor

• What is an executor?
  An executor is a person or entity appointed to carry out the instructions of the will after the testator's passing.

• Can I appoint a trustee company as the executor?
  Yes, the system allows you to utilize corporate executor services offered by trustee partners like Palladium Trustee. You can find more information and pricing for their services through the provided links.

• Can a beneficiary also be an executor?
  Yes, a beneficiary can also be an executor. A beneficiary cannot be a witness to the will.

• Q: During the execution of the will, what charges and fees are involved?

  A: During the execution stage, the charges and expenses may vary depending on the type of executor appointed:

  • Individual Executor:
    Possible expenses include fees for applying for the Grant of Probate (GP) and property transfer fees.

  • Corporate Executor:
    Fees typically include estate administration fees, along with property transfer fees.