My daughters ar 23 and 33 years old. I am Divorced.
Yes. This is permissible. Depending on your estate plan, you may want an independent (non-related, non-subordinate) party to serve as fiduciary (particluarly of any trusts that may be established upon death). You should speak with an estate planning attorney to guide you through the selection of fiduciaries and a coordinated estate plan.
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Yes, they can. I would have the will prepared, and the execution supervised, by an estate planning attorney who can advise you on selecting fiduciaries and the consequences of your decisions. Best of luck.
Roman Aminov, Esq.
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Estate Planning - Elder Law - Probate
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This answer does not constitute legal advice and no attorney client relationship has been formed. Before choosing a course of action, it is always advisable to seek the advice of an attorney in your area.
Mr Luthman offers sound advice. Yes this is possible but whether it is a wise choice depends on a whole host of factors. You should get with an experienced estate planning attorney to guide you through the decisions and options available to you.
For more on estate planning and other issues, see Estate Planning Mistakes: 5 Not So Easy Pieces at http://www.sjfpc.com/estate_planning_drafting_wills_trusts.html. Please hit the like button at the end of the article if you found it helpful.
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Personal Injury Lawyer
Although you can name both daughters as co-exutrixes, whether this should be done is another issue. You should sit down with an attorney to discuss the pros and cons. Some things to consider beyond just the legal context is how your daughters get along; where they reside, etc.
Real Estate Attorney
This communication does not create an attorney/client relationship. My firm is a second generation family firm successfully handling personal injruy and medical malpractice cases for over 35 years. "Let Our Family Help Your Family" www.kileylawfirm.com 516 466-7900
This is common when you want to set up a check and balance between two people instead of just putting one in charge.
The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.