Blog Post

What is an Executor? Do I Need One, and How Do I Appoint an Executor?

  • By Michael J Wilson
  • 12 Feb, 2019



What is an Executor? Do I Need One, and How Do I Appoint an Executor?


At Miron Wilson Funeral Home and Cremation Centre, we are often asked these questions.

When you or someone you love have passed away, it helps to have a will in place, to ensure the safe and seamless transition of assets to all relevant parties. To make sure the will's conditions are met, one can appoint an executor, to review the will and ensure it is honoured. It is best to name an executor in your will. An executor is responsible for managing your estate. They can be a family member or friend, but an executor is also a legitimate job, and you can hire an executor if you need one. Here are things you should know and consider when appointing an executor.


What is an Executor?


An executor is someone charged with administering your estate according to the terms of your will. Executors have a very important and demanding duty that requires skill, attention to detail, sound judgement, and integrity. It can be a strenuous task, but, with cooperation and transparency, it is entirely manageable.

The executor must arrange the late person's funeral, apply for probate (if necessary) as well as secure, appraise, and distribute the estate's assets. Furthermore, they must keep accurate financial records with receipts and record how much time they spent administering the estate.

Executors will also make sure that all debts and creditors of the deceased are paid. The deceased's property and possessions are given according to the specified final wishes. The law describes this as a fiduciary duty, meaning that the executor must act in good faith.


Do I Need an Executor?


If a substantial amount of property is involved, it's best to have an executor controlling it. Administering an estate, especially one with valuable assets, is a tenuous process that requires someone who is diligent. Being an executor sometimes requires years of dedication to carry out all of the will's requests, going through the legal system and financial records. Given how extensive this process is, having an executor is highly recommend and sometimes required.


How to Choose an Executor


Anyone over 18 can be an executor, including someone who you named in the will. You may choose your spouse, adult child, a close family member, or really anyone else to do it. However, selecting the right executor shouldn't come down to who is closest to you or who is allotted the largest portion of your assets.

Of course, it should be someone who you can trust wholeheartedly. But the person you choose must be detail-oriented, prudent, decisive, and patient given the many layers involved in executing a will successfully.

Choose an executor who can handle stress, juggle many personalities, and who doesn't present a conflict of interest. If a family member isn't the best route, you might be wondering, "Should I pay an executor?" That is certainly an option and one that many people might be inclined to choose, because a hired executor is impartial and can handle all the issues that may arise. If need be, hiring an independent professional who isn’t a beneficiary may be your best choice. If this is the case, consider your lawyer, accountant or financial advisor, or a certified professional executor. 


If you need need further guidance with considering an executor, please contact us at Miron Wilson, we'd love to help.


Micheal J Wilson is the the Managing Director and owner of Miron Wilson Funeral Home and has been a licensed funeral director for over 25 years. Mike and the staff at Miron Wilson are committed to helping their clients during the difficult time, when a loved one passes away.

On the personal side, Mike is a dedicated father and husband, an avid fisherman and a Leaf’s fan (we can’t all be perfect).





By Michael J. Wilson 06 Mar, 2019
How to determine if you need life insurance, how much and what type.
By Michael J. Wilson 09 Jan, 2019
Why is having a will important to you and your family?
By Michael J. Wilson 03 Dec, 2018
Tips on how to deal with the first Christmas after the loss of a loved one.
By Michael J Wilson 07 Nov, 2018

The death of a loved one can result in all kinds of emotions that go beyond grief. Some people process loss in different ways, and unfortunately, anger and conflict can arise all too easily during such sensitive times.

When it is not pre-arranged, funeral planning can be an added source of stress for many families at this already difficult time. But pre-planning can ease some of the strain on families and other loved ones who will be directly involved in the funeral arrangements. Here are a few ways that pre-planning a funeral helps to prevent family tension.

Reducing Stress

After a person dies, complications can quickly arise when it comes to wills, assets, insurance, as well as managing post-death events such as memorials and funerals. When a family doesn’t know what their loved one wanted in these terms, they have to base it on their own values, beliefs, and needs, which can vary significantly from person to person.  

Because of this uncertainty — plus the fact that death is one of the biggest triggers for stress, depression, and anxiety — disagreements amongst family members are common during times of grief.

The stress comes from not only experiencing grief, but also from all of the legal, financial, and administrative tasks that must be dealt with on behalf of the deceased. Thus, when a person is able to take care of their own funeral or cremation details in advance, they can ease the burden that is placed on their grieving loved ones.

Having Peace of Mind

By pre-planning your own funeral, you can take the opportunity to let your family know exactly what you want ahead of time. When you make your wishes clear, you relieve your loved ones of the stress often associated with all the decisions and emotions of funeral planning. You will also likely eliminate sources of conflict or tension, therefore, allowing them the opportunity to remember you and grieve without any added stress.

Everyone involved will be able to be calmer knowing that they have less paperwork, finances, and other administrative matters to deal with.

Covering the Costs

Pre-planning your funeral means that costs of covered ahead of time. Doing this will protect your family from having to pay for an unexpected funeral and the associated costs. It will alleviate the financial strain that is often put on families during this unfortunate time, and previous arrangements will leave them more time to heal and absorb change.

Funeral pre-planning gives you the chance to tell everyone exactly what you want ahead of time in order to avoid confusion or conflict for your loved ones. When you take steps to plan, you can preemptively support your family not only financially, but also emotionally and spiritually.  

To ensure that you have every detail in place ahead of time,  fill out our handy pre-planning guide  today, or  download our free guide  to review at your own pace. You can also  contact Miron Wilson  at any time for help with your funeral planning needs.

Micheal J Wilson is the the Managing Director and owner of Miron Wilson Funeral Home and has been a licensed funeral director for over 25 years. Mike and the staff at Miron Wilson are committed to helping their clients during the difficult time, when a loved one passes away.

On the personal side, Mike is a dedicated father and husband, an avid fisherman and a Leaf’s fan (we can’t all be perfect).



By Michael J. Wilson 03 Oct, 2018

Death is never an easy topic to discuss, this is especially the case when the time comes to talk to an aging parent, or other loved one about what they want to happen after they pass. Despite the difficulty of bringing up the topic, pre-planning  a funeral or cremation arrangements and all the details could be one of the most important conversations you might have with your loved one.

Why Discuss Funeral Planning Ahead of Time?  

Funeral pre-planning isn’t just about the death itself, it’s about ensuring that everyone is as calm as possible after the time of death so that the grieving process may take place in a healthy way. Pre-planning is about legal matters, tax issues, administrative details, and family rights. Most importantly, preplanning is a way to ensure that everyone is taken care of, so no unnecessary conflict or stress occurs after a loved one passes. 

You also need to ensure expenses are covered, and that everyone directly involved in the planning and grieving process is aware of what’s happening. Of course, the main thing is that you want to have their wishes fulfilled, so including them in the process ahead of time is the only way you can know if their desires are respected. 

Broaching the Topic 

Funeral pre-planning doesn’t have to be a sad or heavy topic to discuss, though it will probably be uncomfortable at first. One thing that you can do is broach the subject casually or impersonally, discussing the funeral or situations of other people you know. For instance, you can find out what they think about so-and-so's memorial service, or ask them in general what they think of cremation or other types of services. Casual conversations about death-related topics can ease both of you into the subject without it having to be a shock.

Sometimes you might even find a bit of humour in the conversation, if that’s your loved one’s style. Just try to go with the flow, even if it feels a bit odd at first.  Bear in mind that this may be a very private matter, so try to keep the conversation discreet and be sure to bring it up respectfully and in the right context.  

Difficulties You May Encounter 

You might find that your loved one is dismissive, reluctant, or even angry when you bring up the topic of their death. Be sure to bring it up gently, and be completely clear that the idea is about respecting their wishes.

There are legal and financial elements to consider, which may be a source of stress for your loved one, and that could also make them resistant to talking about it. Thus, you may want to get all of the information on pre-planning ready ahead of time, so that they understand you are doing it out of support for them.  

Consider All Options 

Most people already know about the two primary options to choose after death: direct cremation or burial. But there are actually many more details and even a few alternative options that your loved one may not know about. For instance, a person may wish to request a Northern Wake or a Celebration of Life i nstead of a traditional funeral service or cremation. Or, if they would like to be cremated but also placed in a cemetery, an affordable option for them could be having a cremation niche in a cemetery. 

At any rate, it's essential to start the process of funeral pre-planning as early as possible. It's important to talk about while the situation is relaxed and your family member is alive rather than after they fall ill or pass and you are in a state of shock or incredible stress. 

If you’re researching what happens through the funeral process, take a look at our preplanning too l (or download your own ), and contact Miron Wilson for more information.  

Micheal J Wilson is the the Managing Director and owner of Miron Wilson Funeral Home and has been a licensed funeral director for over 25 years. Mike and the staff at Miron Wilson are committed to helping their clients during the difficult time, when a loved one passes away.

 On the personal side, Mike is a dedicated father and husband, an avid fisherman and a Leaf’s fan (we can’t all be perfect). Although there is hope for the Leafs this season!



By Michael J. Wilson 05 Sep, 2018
The options available regarding of direct cremation.
By Michael J. Wilson 09 Aug, 2018
When a loved one is cremated, what can you do with the ashes? This post discusses pros and cons of the most popular options.
By Michael J.Wilson 10 Jul, 2018
Cremation process for Miron Wilson Funeral Home and Cremation Centre in Timmins, Ontario
By Michael J. Wilson 05 Jun, 2018
Over the last decade, the social perspective on having a funeral has shifted. At one time, it was a way to say goodbye to a loved one, now it’s a way to celebrate their life. Taking on a lighter tone, the ritual has evolved into many different forms. Whether a traditional funeral, family gathering or symbolic release, it’s important to have a ceremony of some sort to acknowledge the death of a loved one. There is no rule that states it must check-off all of the components of a standard funeral service or fall within a certain price range. No matter the size or shape, its only purpose is to bring a sense of closure and create a lasting memory. To learn all of the reasons why a celebration is necessary, read on.
By Michael J. Wilson 08 May, 2018

I was scrolling through Facebook the other day and was shocked by what I saw. People wishing a recently deceased person Happy Birthday on their Facebook page!

 It was obvious that the people were not aware that this person has passed away. This lead me to a few questions:

 •       What happens to a Facebook account when someone dies?

•      How do you close a deceased Facebook account?

  As it turns out, there are ways to close or memorialize your Facebook page in your account settings. Check out the link below to see how its done.

  https:// www.facebook.com/help/408583372511972/

 As the world changes and technology evolves, there will be more and more new issues that need to be dealt with when someone passes away. Lots of things we never think of:

•      answering machine messages

•      cell phone accounts

•      social media accounts

 

Do you have all your important documents, passwords, accounts in one place?

 Planning ahead for how your digital assets are handled after you're gone, has become almost as important as all your other assets.

 Along with all the more tradition documents that should be kept together in a safe pace (will, life insurance policy, investment documents, property deeds, etc.), you should also keep a list of usernames and passwords for all your online accounts, including:

•  email accounts

•  financial accounts (banks, insurance, investments, Paypal)

•  social media accounts (Facebook, Twitter, Pinterest, Snapchat)

•  monthly online subscriptions (Netflix, Itunes, Audible, Google, Weight Watchers)


These accounts need to be closed or transferred to avoid undue costs. They need to addressed the same as all your more traditional assets and documents.

 

For more information about putting all your affairs in order. Please contact us at   info@mironwilson.com

 

Micheal J Wilson is the the Managing Director and owner of Miron Wilson Funeral Home and has been a licensed funeral director for over 25 years. Mike and the staff at Miron Wilson are committed to helping their clients during the difficult time, when a loved one passes away.

On the personal side, Mike is a dedicated father and husband, an avid fisherman and a Leaf’s fan (we can’t all be perfect).

More Posts
Share by: