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Inheritance Expert Susan Eisen Cautions Same-Sex Marriage Partners Be Careful in Choosing An Estate Executor
Date:9/9/2013

tance advising and planning is necessary for the same-sex couple.

Eisen recommends in her various speaking engagements to groups that couples be very clear with each other and with each other’s families – parents, siblings, and in some cases, ex-spouses and children – about their wishes for not only estate planning and financial holdings, but also for treasured items such as jewelry, artwork, collections, antiques, and heirlooms. “Among the first decisions to discuss is the selection of an executor in the will for the estate,” she advises. “While you are in good health and long before such a person is needed, think about what you wish to happen to your belongings and who you wish to appoint as your executor. Discuss your wishes with your partner, who may end up being your designated executor, and family members from both sides of the families.”

While many same-sex or gay unions have children, most do not, a situation that can make appointing an executor more complicated. Your partner may be your first choice as an executor – or may not. An executor has a variety of legal responsibilities in the division of an estate, but also has to remain sensitive and supportive of survivors as a will is processed. The selection of an appropriate executor is one of the most important elements of estate planning and many neglect to treat it as such. Eisen, a jewelry, art, and collectible appraiser recommends that the executor be impartial, and be someone who is accepting of the same-sex relationship and who will not change their position upon the death of a loved one. As an inheritance advisor, Eisen recommends outside professional help can make the choice easier and trouble free.

Whether an individual is leaving behind a fortune or a modest estate, everyone needs to make a choice for an executor: his or her partner, a trust officer, an attorney or oth
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