SO YOU WANT TO BEAN EXECUTOR

The Executor of an estate is responsible for a variety of personal and financial matters and assumes significant fiduciary duties. Some

choose to take on this role as a favor to a friend or family member without knowing the details of what is required and, importantly,

the liability. Executors of trusts often come to us amidst significant family squabbles, complicated tax issues or the consequences of

late payments so we know how quickly being an executor can go from being something you want to do to something you need

support handling. Before you agree to this big role, let’s dig in.

Are You Willing To Act In

The Best Interest Of The

Estate & Its Beneficiaries?

Will You File The Will And

Opening Probate In The

Proper County And Court?

Are You Able To Review And

Understand The Estate

Documents?

Are You Comfortable

Handling Creditor Claims?

Do You Have The Contact

Info For Heirs & Legatees?

Do You Know How To Provide An Initial

Estimate Of The Estate’s Assets & Liabilities?

If you answered no to any of these questions, don’t despair- you are not on your own. An independent trust company like ITC

stepping into the executor role may be a solution. Trusts and estates are all we have done for the last 20 years and we have

experience in the technicals it takes to seamlessly navigate the complexities that come with these financial vehicles. Let’s start the

conversation because at the end of the day, you want your loved ones’ estate to be a uniting instead of a dividing influence on the

family, avoid unnecessary conflict and provide the legacy initially intended.

Lead the sale of Unique Assets such as real estate,

art, books or other valuables

Are You Able To Make Timely Distributions To

Family Members, Charities And/or The Trust

As Often As The Trust States You Must?

Can You Identify, Retitle And/or Liquidate Bank And

Investment Accounts?

Are You Familiar WithTrust Accounting?

Will You Complete The Final Estate Tax Return?

Are You Comfortable Dealing With Family

Disputes That May Arise Regarding Provisions Of

The Trust?