Can You appoint a bank as an executor of an estate?
Sometimes you might not trust any family members or friends to be the executor of your estate. When this occurs, you have the option of appointing a bank as executor of the estate to make sure that your wishes are fulfilled. Banks are good executors because they are neutral to the will, they understand the law, and they have experience. Some banks have trust departments that can provide services that allow the bank to be appointed as executors or trustees. You will want to talk with your bank to see if they have a trust department. You will also want to discuss with them what they charge for this service.