Should power of attorney and executor be the same person? This article explores the pros and cons of assigning both roles to one individual, helping you make an informed decision based on your circumstances.
choosing an executor
Is Power of Attorney and Executor the Same?
Is power of attorney and executor the same? A power of attorney manages affairs during someone’s lifetime, while an executor administers their estate after death. Understanding these distinct roles is crucial for sound estate planning.
Can My Attorney Be the Executor of My Will?
Can my attorney be the executor of my will? Yes, but weigh the pros and cons. Legal expertise can streamline probate, but costs and perceived conflicts of interest should be considered.