In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss what it truly means to be an executor of an estate. Joined by special guest Dave Hutton, an estate attorney with Wealth.com, they break down the essential estate executor duties and estate executor responsibilities in a way that is easy to understand. Whether you've been named an executor or are considering who to appoint, this episode provides the foundational knowledge you need to make informed decisions.

Listen in to learn about the critical role of an executor, how the probate process works, and how thoughtful estate planning for retirement can help streamline the experience for your loved ones. With practical tips, real-world scenarios, and an overview of executor compensation, this episode demystifies a process many find overwhelming.

In this episode, find out:

·      What is an executor and what powers they actually have

·      The difference between executor vs trustee and why both may be needed

·      How the probate process works and why avoiding it might be preferable

·      Key executor responsibilities like settling debts, managing distributions, and navigating court timelines

·      The importance of aligning your estate plan with your retirement strategy

Tweetable Quotes:

“You don’t want the court to pick your executor—you want to make sure the right person is chosen by you.” – Radon Stancil

“Being an executor comes with power, but also responsibility—and that includes understanding the law and honoring the will.” – Murs Tariq

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast