Over the years, one begins to realize that life does not go on indefinitely. The simple fact is that while each Michigan resident would like to think that he or she has plenty of time left, no one really knows for certain. As such, before it is too late, it is important to make sure that loved ones are taken care of through the estate planning process.
One important part of estate planning is naming an executor. This is the individual who will make sure that all assets are accounted for and be responsible for seeing that they are dispersed according to one's will. Although this individual is often a family member or close friend, there are times when it may be better to hire someone with knowledge of the individual's estate to act in this capacity.