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Survivorship A to Z - : Summary
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Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

Personal Representative/Executor

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FOR INFORMATION ABOUT THE FOLLOWING SUBJECTS, SEE THE OTHER SECTIONS OF THIS ARTICLE

A Personal Representative -- known in some states as an Executor (Executrix) or Personal Administrator -- is the person who is responsible for carrying out your wishes and administering your estate after your death.

A Personal Representative is appointed in a Will. While the appointment is subject to the approval of the probate court in your local jurisdiction, judges will usually go along with your choice unless there is a good reason not to do so. This should not be a problem if you choose carefully both your Personal Representative and a person to take over in case your first choice cannot serve or decides not to serve.

Before a person can serve as a Personal Representative, courts generally require a type of insurance policy known as a bond to assure faithful performance. Bonds cost money. In your Will, you can request that the requirement for a bond be waived.

Assure your wishes will be carried out by discussing your wishes with your Personal Representative.

If you die without a Will, or don't name a Personal Representative, a court will appoint an Administrator. It is preferable for you to make a choice. A court appointed representative may not know anything about you or your loved ones.


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