How do I have my estate administered?
It can be a good idea to appoint an executor in your will or inheritance agreement. Executors are trusted third parties who enforce the wishes of the testator after their death. They perform administrative tasks, prepare the distribution of the estate and assist the heirs in settling the estate. Appointing an executor is especially helpful if there are many heirs and there is a risk of disputes arising among them. It also makes sense for blended families and when dividing properties or companies.