Did you know that if you die without a will, administering your estate becomes more expensive?
At Trustees Executors we understand that you work hard to provide financial security for yourself and those you care about. It is only right that you decide what you want done with your assets when you die. However if you don’t have a will, you lose that power to decide what happens, and instead the law decides for you. Your loved ones could miss out on their inheritance, plus face a lengthy court application to appoint who takes care of your estate, all because you hadn’t put the right plans in place.
It’s not enough to simply make a will and then forget about it – time and circumstances may drastically change what you own, to whom you wish to make bequests and how you wish to make them.
Appointing an Executor
An executor is the person or organisation that collects your assets and distributes them in accordance with your will. Anyone can be an executor of your will as long as you are confident in their ability to faithfully carry out your wishes. Ideally they should be living in New Zealand to avoid delays. If you appoint more than one executor they must be able to work together as decisions must be unanimous.
Choose Trustees Executors as your Executor
You can appoint Trustees Executors as the executor of your will. You can also appoint Trustees Executors as a co-executor to provide invaluable professional support to a ‘lay person’ such as a family member.
It makes sense to do this for several reasons:
- You have the reassurance of knowing that your estate will be handled expertly and professionally in accordance with your wishes.
- You have the benefit of an impartial executor who is unaffected by family conflict and the high emotions that may occur at this time.
- You have appointed an organisation rather than an individual. It could be several years before your executor has to act for you. During this time the individual appointed may have died or become incapable of handling your affairs.
Trustees Executors has been in operation for nearly 130 years and offers you the continuity you need.