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Should you have co-executors?

In most situations, its not a good idea to name co-executors. When youre making your will, a big decision is who you choose to be your executorthe person who will oversee the probate of your estate. Many people name their spouse or adult child. You can, however, name more than one person to serve as executor.

Is it a good idea to have 2 executors?

People usually designate one person to serve as the executor of their will, but it is also possible to designate two or more co-executors. Most lawyers advise that one executor is best, as it avoids potential disputes, but there are situations where it may make sense to appoint co-executors.

Can a co executor act alone NY?

Co-executors are legally required to work together Co-executors will need to work together to deal with the estate of the person who has died. If one of the executors wishes to act alone, they must first get the consent of the other executors.

Can independent co-executors act alone in Texas?

Can I serve as independent executor without an attorney representing me? Probably not. Most courts will not allow a person to act in a fiduciary capacity without an attorney.

Can co-executors act independently in NJ?

Co-executors are legally required to work together It isnt legally possible for one of the co-executors to act without the knowledge or approval of the others. Co-executors will need to work together to deal with the estate of the person who has died.

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