» » »

Trust Attorneys Fargo ND

Setting up a trust on your will is a complicated matter that should be handled with the help of an estate planning and trust attorney. Make it easy on your trust beneficiaries and take care of your estate planning ahead of time. An experienced trust attorney can help you save on estate tax. Please scroll down to learn more and get access to the estate planning and trust attorneys in Fargo, ND listed below.

Jesse Nathan Lange
415 11th St S
Fargo, ND
State Licensing
Minnesota

Michelle Lynne Kommer
(701) 451-3595
4334 18TH AVE S
FARGO, ND
State Licensing
Minnesota

Craig Alan Peterson
2108 S Univ Dr Ste 1018
Fargo, ND
State Licensing
Minnesota

James D Sandsmark
921 Second Avenue South
Fargo, ND
State Licensing
Minnesota

William John Keating
(701) 461-8505
1531 32nd Av S #101
Fargo, ND
State Licensing
Minnesota

Patrick Timothy Dixon
1531 32nd Ave S Ste 101
Fargo, ND
State Licensing
Minnesota

Jason Lee Gilbert
2534 University Dr S #4
Fargo, ND
State Licensing
Minnesota

Jonathan Charles Ruth
(701) 280-2800
1711 Gold Dr #200
Fargo, ND
State Licensing
Minnesota

David J. Chapman
(701) 232-5899
1121 Westrac Drive, Suite 206
Fargo, ND
State Licensing
Minnesota, North Dakota

Adam William Hansen
(612) 239-5674
2567 Pacific Dr S Apt 103
Fargo, ND
Education
Univ Of Minnesota L S,Univ Of Wisconsin
State Licensing
California

Trust

Q: I have created and revised my wills in the past. The issue is that, as a single person, I'm having trouble finding an executor for my will. I don't trust my sister to carry out my instructions and, sadly, I also don't believe my parents would be good either. Other than friends, are there any other options for establishing an executor for your will? I want to make sure I get someone who will carry out my instructions without bias, self-interest, greed or questions. If there aren't any options, what would you suggest given the scenario?

 

I commend you for your foresight in both creating and updating your will. Your advance planning now will likely save your intended beneficiaries time, confusion and angst in the future. As you believe your sister or parents might not be appropriate executors for your will, you still need to choose someone whom you can trust to carry out your wishes. I recommend making sure your selection is amenable to the designation in advance, as this can be a time consuming responsibility.

You have ruled out friends and business associates, so I suggest a reputable lawyer or accountant would be the best solution for you. If your will is complex, there is the added benefit of those professionals’ familiarity with tax, probate and business administration issues. As you are aware, the executor must satisfy any debts owing from your estate, administer appropriate tax filings and estate returns and ensure that your asset distribution plan is followed to the extent most feasible. And while a family member might agree to administer your estate without taking a fee, an executor, in particular when a professional is so designated, is entitled to and will expect to be paid for their services. I suggest you address the parameters of that compensation at the time the executor is designated.

If you still want someone closer to you involved, you can designate co-executors (such as your family member/friend/business associate) and the lawyer/accountant. Finally, I also suggest choosing an alternate executor so that your probate can proceed more smoothly in the event your original executor appointment (if not co-executors) is unable to act as an executor at your death. While a probate court in the absence of an executor may choose an administrator for your estate, this of course lessens your control over ensuring that your wishes are followed as closely as possible.

__________________________________

DISCLAIMER: This publication is distributed with the understanding that it does not constitute legal advice or establish an attorney/client relationship by way of any information contained herein. The information provided is for general purposes only, as readers are advised to consult with a qualified lawyer regarding the specifics of their particular circumstances.


Set as favorite Bookmark Email this Comments (0) Add Comment feedSubscribe to this comment's feed
Write comment You must be logged in to post a comment. Please register if you do not have an account yet. busy

Click here to read more from Single Edition