There are, however, a few important considerations to keep in mind when selecting any executor. First, make sure that the person you select is capable and willing to take on this responsibility. Many people are inexperienced when it comes to estates and they may be uncomfortable taking on this role.
Most executors will rely on a hired estate attorney for help. In this case, the attorney does not act as the executor, but rather will guide the executor through the process, and, if asked, will do a lot of the required work on behalf of the executor. The cost of the attorney will be paid for by the estate.
A related issue is the complexity of the estate itself. Your beneficiary may not have any background or experience dealing with real estate, investments, life insurance, business holdings and state and federal laws associated with these other aspects of a more complex elaborate estates. If an estate is complex, it probably makes sense to enlist the help of an estate attorney to assist the executor in fulfilling all their responsibilities and provide advice on the handling of the estate. Identifying an attorney or firm that can act in this capacity in advance could provide comfort to your chosen executor.
While an executor should be someone you trust, it may or may not be ideal to also have an executor be a beneficiary. Another important consideration involves the possibility of disagreements between beneficiaries. Families can be torn apart by bickering, jealousies and rivalries.