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ABA Family Legal Guide

Estate Planning

Wills

The Executor

Can I appoint more than one executor?

Yes, naming coexecutors is popular with small business owners who name a spouse or relative to oversee the personal side of matters and a second person with business expertise to oversee the management of the business.

Naming coexecutors may be a good idea if the main beneficiary lives in a different state and is unable to make the trips necessary to handle the many details involved in administering an estate. While this person could be a coexecutor, another coexecutor living in the state in which the estate is being administered could be named to handle the day-to-day administration. Finally, don't forget to name one or more successor executors so that if a coexecutor dies or declines the position, someone else of your choice will be available.

American Bar Association Family Legal Guide
Copyright © 2004 American Bar Association
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