Being asked to be the Executor of a Will (or the Executor of an Estate) is one of the greatest possible honors you can receive. It is a huge sign of trust bestowed upon you by the friend or family member in question. At the same time, being an Executor can require an enormous amount of work—becoming almost a full-time job in some cases.
Family Trusts can be confusing to understand and therefore making it difficult to plan on how to utilize their characteristics to the best of their capabilities. This is why we have taken some commonly asked questions and shed the light on the Inter vivos (Family Trust) world.