Reviewing Your Choice of Executor

This quiz assumes that you an existing will and are reviewing the appropriateness of your selection of an Executor. However if you have not yet written a will and selected an Executor these questions may provide some points to consider.

  1. Is your Executor living in the same province?
    1. If yes, give yourself 10 points.
    2. If no, give yourself 0 points.
  2. In your opinion, is your Executor healthy and in shape, physically and mentally to undertake the responsibilities for a period of 18-36 months?
    1. If yes, give yourself 10 points.
    2. If no or unsure, give yourself 0 points.
  3. In your opinion, is your Executor healthy and in shape, physically and mentally to undertake the responsibilities as a trustee for your minor children for the period stipulated in your will? (Assuming you have not stipulated a specific trustee in your will.)
    1. If yes, give yourself 10 points.
    2. If no or unsure, give yourself 0 points.
  4. Do you communicate with your Executor on a regular basis so that they have an understanding of your personal life and dependents?
    1. If yes, give yourself 10 points.
    2. If no or unsure, give yourself 0 points.
  5. Do you have an inventory of your assets and obligations, including their location and how to access them, stored in a location that you executor can access?
    1. If yes, give yourself 10 points.
    2. If no or unsure, give yourself 0 points.

Results of your score:

50 points – Your selection of an Executor may not require immediate attention and you should consider the other factors of Getting Your Affairs in Order. Continuing reflection of the stages of your life and your relationship with your Executor is part of this. Other quizzes may identify a need to update your will.

0 points – The ramifications of your Executor not being able to fulfill their responsibilities will may create significant issues for your beneficiaries.  It is recommended that you contact your legal counsel to update your will.