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Avoid Probate, Common Estates, Disputes, estate, Estate Administration, Estate Planning, Estate Property, Executor, Family Relationships, Final Arrangements, Lawsuits, probate, Probate Avoidance, Relatives, testator, Testator-Executor Relationship
Essentially, an amicable and collaborative testator-executor relationship is an important element of an estate plan. In many common estates, the testator-executor relationship is simple: the testator creates the estate plan, and within that plan, appoints an executor to execute it. Generally, in this realm, testators will create their estate plans and expect the chosen executor to execute it without question. This type of planning, however, puts executors in a bind if the estate plan proves to be disastrous. Additionally, many named executors fail to understand that they can refuse to serve as executor as mentioned in the article, Can I Opt-Out from Serving as Executor? As a result, named executors feel they have no recourse and remain exposed to a possible turbulent estate administration. To protect themselves, named executors should approach their testators and forge a collaborative relationship before accepting an offer to serve.
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In estate planning, utilizing the life estate agreement is rare, but can be effective in transferring property. Accordingly, the key reasons why people implement the life estate in their estate plans are as follows:
In common estates, suspect executor behavior will create suspicious beneficiaries. Although the beneficiary may view the executor behavior as suspect, the behavior may not be suspect at all. As described in the article 
While planning your estate, common sense is necessary to select a good strategy. In common estates, there are many options in selecting a strategy designed to execute your estate plan. Since forming a strategy involves many decisions, you need to use common sense to make good decisions. Otherwise, problems may result for your beneficiaries and your executor. In essence, common sense leading to good decision making is the formula for a sound estate plan.
Although avoiding probate is preferable in common estates, there is still a need to list beneficiaries in your will. As mentioned in the article
Presently, apathy towards estate planning is commonly brought on by perceptions people have about estate planning. Recently, during conversations about estate planning, the following perceptions surfaced: