About 60% of Americans don't have an updated will. If you do make one, picking an executor matters more than most people realize: 99% of executors have no idea what the job actually involves or what they're legally responsible for.
Close to 60% of Americans don't even have an estate plan, or which includes a will or an up-to-date will. So just starting, uh, having a will is a big step for most individuals. And again, it comes back to where, you know, why don't they have it? They avoid it, they procrastinate, or they're apathetic about it. So the first step is to have that will. The next step is to, um, you know, have the conversation in terms of if you're going to have the will, um, who are you going to choose as the executor? And that's a focal point because it's the biggest— one of the biggest favors that you're asking of somebody to do for you is to take on the job of be the, uh, the executor. And, and 99% of people who are left to be executors have absolutely no idea what what to do, what the job entails, and what the responsibilities are, and what they're legally being held accountable for.
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