Why you need to choose your executor wisely
Creating a will means making big decisions that will impact your family for years after you’ve gone. While divvying up assets, assigning care for dependants and tax planning will take up most of your will-creating conversation, you’ll also have to consider who should be the executor of your will (or the liquidator in Quebec).
Your executor is the person who ensures that your wishes, as laid out in your will, are carried out. Naturally, finding the right person is critical to any good estate plan. An executor’s obligations can include everything from arranging your funeral and making sure your dependants or pets are looked after, to filing tax returns and administering assets as set out in your will.
So, who should be the executor of your will?