So, you've been chosen/cursed with being the Executor (also called the Personal Representative) for your parent or loved one. It's best to set the rules right up front to avoid as much animosity as possible. First, let's review our preschool rules: stand in a line, sit in a circle and keep your hands to yourself! Now to the actual tips.
#1) There will be several unknowns as you work through the estate process, but try to give an overall agenda and timeline so everyone has a general idea of what to expect. You are in charge, but it might be helpful to delegate duties.
#2) Preschool and now Goldilocks: Give timely reports to everyone involved. Not too much and not too little. Monthly or quarterly reports are common. Loved ones should not be left in the dark. However, it is not necessary to answer daily texts or phone calls from nosy relatives.
#3) Devise a system, immediately, as to how possessions will be divided among the beneficiaries. Grief can manifest itself in strange and mysterious ways. Hard feelings can come to the surface over the tiniest objects, not to mention the big ticket items. If everyone is in agreement, the process will go more smoothly with less stealing and bickering.
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