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3 tips for executing a will

If you're the executor of a will, then you will be in charge of its execution. You'll have to carry out your loved one's wishes for them, since they are no longer able to do so.

It can be difficult to know where to start with will execution. Here are three tips to help you get started.

1. Get copies of the death certificate

You'll need copies of the death certificate to transfer the ownership of assets and to obtain benefits, like life insurance. You should get more copies of the death certificate than you think you need, because the likelihood is that you'll need more than you initially think are necessary. You can ask each company or agency that needs a copy of the death certificate if a photocopy is acceptable since that will save you money. Death certificates aren't highly expensive, but they are around $15 each in Tennessee, so the costs can add up.

2. Reach out to an attorney

Another good tip is to reach out to an attorney. Your loved one's attorney may have information on their assets or other vital documents you need, but you have the right to work with any attorney while completing your actions as an executor.

3. Remember to take inventory

Finally, remember to take inventory of your loved one's assets. The estate may need to be appraised as well. Overall, you want to secure the assets and have documentation so that you can file a final inventory with the state if necessary.

These are three tips to help you as you work to execute your loved one's will. It can be complex, but it's possible to do so and to complete your duties as an executor.

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