Does an executor or representative of your will have to live in Wisconsin?

Full question:

Does an executor or representative of your will have to live in Wisconsin?

Answer:

It is advisable for these individuals to reside in the same state. Otherwise, it would be costly for your executor to travel back-and-forth to manage your estate. Some states require that out-of-state executors post a cash bond, even if you have waived this requirement in your will.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

An executor does not necessarily have to live in the same state as the estate. However, it is advisable for them to do so to avoid complications and additional costs associated with travel. Some states may require out-of-state executors to post a bond, which can add to the expenses of managing the estate.