Wednesday, March 02, 2011

Executor: A Bank to be Named Later

From Choosing the Right Executor for Your Estate in the NY Times:
Considering the changes in the financial services industry, Alan Gassman, a lawyer with Gassman, Bates & Associates in Clearwater, Fla., advises clients not to name a specific bank or trust company in their will. Instead, he advises them to appoint someone they trust to interview trust companies, negotiate fees and select one when the need arises.

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