You have more decisions to make in your estate plan than deciding who you want to have your property after you pass away. You also need to decide who you want to be responsible for administering your plan. If you have a Will, then you need to decide on an Executor. If you have a Trustee, then you have to decide on a Trustee. If you have a General Durable Power of Attorney, then you need to decide on an Attorney in Fact.
These are not easy decisions to make. Each designation requires you to think about the different responsibilities that go with the role and how the people you know are capable of acting in those roles. Choosing the wrong person for a particular role can lead to big problems. A bad Trustee, for example, might make unwise investments and lose the funds in a Trust.
Fortunately, you do not have to make these decisions on your own. You can hire an estate planing attorney to assist you. The attorney knows what each role requires and can help you in appointing an appropriate person for each role.
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