Tags
Agent, Beneficiary, Bond, Co-Executor, decedent, estate, Estate Administration, Executor, Executor Fraud, Out-of-State Executor, Probate Court, Property Values, Restrictions, Will
In general, all states will allow you to serve as an out-of-state executor. In fact, probate courts would rarely refuse the choice of a decedent simply because they live out-of-state. With that said, many states have misgivings about out-of-state executors for the following reasons:
- If an executor misuses estate property, the probate court would have a hard time dealing with them in another jurisdiction.
- An out-of-state executor would have a hard time taking care of a house or assessing property values.
Consequently, because of these misgivings, many states place restrictions on out-of-state executors.
After choosing an agent for your Durable Power of Attorney for Finances, you must also consider the type. There are two types of Durable Powers of Attorney for Finances to consider:
Choosing an agent for your Durable Power of Attorney for Finances deserves as much consideration as choosing the right executor. As described in the article