Trust is obviously a major factor in choosing an executor, and as such, many choose a family member of close friend. The most common choices in an executor often include spouses, children, or siblings. The key qualities needed to be an effective executor include honesty, communication, and organization. The distribution of assets can become a nightmare if handled by someone with no organizational skills. It is also a good idea to name an alternate executor, in the event your first choice does not work out.
Generally, anyone can be an executor, with a few major exceptions which differ by state. Florida law states that an executor must be at least 18 years old, cannot be a felon, and must be mentally and physically capable of serving (not judged incapacitated by a court). While it is usually best practice to name someone who lives close to you, Florida law does have requirements for naming out-of-state executors. Namely, the non-resident executor must be related to you by blood, marriage, or adoption.
If you do not have a friend or family member with these skills, then it might be time to look outside of your circle and hire a professional. Third party executors can include banks, attorneys, and trust companies, to name a few. The Orlando Law Group provides this service, acting on your behalf after the event of your death to ensure that the burden of handling your estate is undertaken by professionals. This also removes the burden from your family and friends during a difficult time.
For a consultation, call the experienced legal professionals of The Orlando Law Group at 407.512.4394.