Most difficult parts of being an executor of an estate in the United States, 2014
Which of the following was the most difficult part of serving as an executor or trustee of an estate?
by Statista Research Department,
last edited
Jun 21, 2014
The statistic shows the result of a survey carried out among wealthy and ultra wealthy Americans in the United States. This particular statistic deals with the most difficult aspects of acting as an executor or trustee of an estate. 22 percent of the wealthy Americans interviewed stated the managing disagreements among heirs was the most difficult part of serving as an executor or trustee of an estate.
Which of the following was the most difficult part of serving as an executor or trustee of an estate?
Loading statistic...
| Most difficult part | Share of respondents |
|---|---|
| Commitment of time required | 29% |
| Having sufficient legal/ financial knowledge | 26% |
| Filing tax returns | 25% |
| Managing disagreement among heirs | 22% |
| Having access to records and information | 20% |
| Sharing decision-making with co-executor | 17% |
| Not compensated adequately for time | 13% |
| Paying bills or debts owed | 11% |
| Determining value of assets | 11% |
| Distributing assets without clear instructions from the deceased | 11% |
| Most difficult part | Share of respondents |
|---|---|
| Commitment of time required | 29% |
| Having sufficient legal/ financial knowledge | 26% |
| Filing tax returns | 25% |
| Managing disagreement among heirs | 22% |
| Having access to records and information | 20% |
| Sharing decision-making with co-executor | 17% |
| Not compensated adequately for time | 13% |
| Paying bills or debts owed | 11% |
| Determining value of assets | 11% |
| Distributing assets without clear instructions from the deceased | 11% |
© Statista 2019
About this statistic
Show source
Download
Settings
Share
Download started
Please be patient - this may take a moment
Please be patient - this may take a moment
Description
Source
More information
by Statista Research Department,
last edited
Jun 21, 2014
The statistic shows the result of a survey carried out among wealthy and ultra wealthy Americans in the United States. This particular statistic deals with the most difficult aspects of acting as an executor or trustee of an estate. 22 percent of the wealthy Americans interviewed stated the managing disagreements among heirs was the most difficult part of serving as an executor or trustee of an estate.
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- June 2014
- Region
- United States
- Survey time period
- February and March 2014
- Number of respondents
- 680 respondents
- Age group
- 18 years and older
- Special properties
- Base: those who have previously ever served as an executor
- Method of interview
- Online survey
- Supplementary notes
-
Age of respondents: Average 53 years old
-Age 18-33: 13 percent (Gen Y or Millennials)
-Age 34-49: 22 percent (Gen X)
-Age 50-68: 45 percent (Baby Boomers)
-Age 69+: 20 percent.
- 57 percent men
- 43 percent women.
The 680 people interviewed for this nationwide survey were high net worth or ultra high net worth individuals.
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- June 2014
More information
- Region
- United States
- Survey time period
- February and March 2014
- Number of respondents
- 680 respondents
- Age group
- 18 years and older
- Special properties
- Base: those who have previously ever served as an executor
- Method of interview
- Online survey
- Supplementary notes
-
Age of respondents: Average 53 years old
-Age 18-33: 13 percent (Gen Y or Millennials)
-Age 34-49: 22 percent (Gen X)
-Age 50-68: 45 percent (Baby Boomers)
-Age 69+: 20 percent.
- 57 percent men
- 43 percent women.
The 680 people interviewed for this nationwide survey were high net worth or ultra high net worth individuals.
Statista Accounts:
Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
Premium Account
Your perfect start with Statista
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$49 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Prices do not include sales tax.
Leading companies trust Statista:
Statista is a great source of knowledge, and pretty helpful to manage the daily work.Christof Baron
CEO, MindShare Germany
Statistics on "Millionaires in China"
- Global overview
The most important statistics
- Number of ultra high net worth individuals in 2018, by regionUltra high net worth individuals - distribution by region 2018
- Number of high net worth individuals worldwide from 2010 to 2018, by region (in millions)Number of HNWI worldwide by region 2010-2018
- Assets of millionaires worldwide from 2010 to 2018, by region (in trillion U.S. dollars)Assets of all millionaires worldwide by region up to 2018
- Countries with the most millionaires in 2017 and 2018 (in 1,000s)Countries with the most millionaires 2017-2018
- Countries with the most millionaires in 2020 (in 1,000)Countries with the most millionaires in 2020
- The 25 countries with the most millionaire households in 2018 (in thousands)Countries with the most millionaires in 2018
- The 15 countries with the highest proportion of millionaires in 2018Countries with the highest millionaire rate in 2018
- Top 15 cities based on number of billionaires in 2015Most billionaires - Top 15 cities
- Key figures
The most important statistics
- Number of ultra high net-worth households in greater China by the end of 2017, by cityNumber of super rich people in greater China as of 2017, by city
- Number of millionaires in China in 2015, by regionMillionaires in China by region 2015
- Number of millionaires in China in 2015, by geographic regionNumber of millionaires in China by geographic region 2015
- Total wealth of ultra high net worth individuals (UHNWIs)* in China from 2011 to 2013, by net worth (in billion U.S. dollars)Total wealth of millionaires in China 2011-2013, by net worth
- Distribution of millionaires in China in 2013, by origin of assetsDistribution of millionaires in China 2013, by origin of assets
- Leading asset investments of millionaires in China in 2013Leading asset investments of millionaires in China 2013
- Ranking of the 25 richest people in China as of August 2018 (in billion yuan)Ranking of the 25 richest people in China as of 2018
- Consumption
The most important statistics
- Luxury goods duty free shopping locations for millionaires in China as of 2015Luxury duty free shopping locations for millionaires in China 2015
- Popular products among millionaires when shopping abroad in 2012Popular products among millionaires when shopping abroad 2012
- Most popular alcoholic beverages among Chinese millionaires in 2013Most popular alcoholic beverages among Chinese millionaires in 2013
- Number of cars owned by millionaires in China in 2013Number of cars owned by millionaires in China 2013
- Number of watches owned by Chinese millionaires in 2013Number of watches owned by Chinese millionaires in 2013
- Leisure pursuits
The most important statistics
- Preferred leisure activities among Chinese millionaires as of 2016Preferred leisure activities among Chinese millionaires 2016
- Most popular sports among male Chinese millionaires as of 2017Most popular sports among male Chinese millionaires 2017
- Most popular collector's items among Chinese millionaires in 2017Most popular collector's items among Chinese millionaires 2017
- Travel
The most important statistics
- Average vacation length among millionaires in China in 2014Average vacation length among millionaires in China 2014
- Leading international travel destinations of Chinese millionaires as of 2018Leading international travel destinations of Chinese millionaires 2018
- Major domestic travel destinations of Chinese millionaires in 2018Major domestic travel destinations of Chinese millionaires 2018
- Number of travel days taken by millionaires per trip in 2014Distribution of trip lengths taken by millionaires in 2014
- Reasons for travel among Chinese millionaires in 2013Reasons for travel among millionaires 2013
- Most popular hotels among millionaires from China in 2015Most popular hotels among millionaires 2015
- Facts considered when choosing hotels among Chinese luxury travelers in 2016Facts considered when choosing hotels among Chinese luxury travelers 2016
- Gifting
The most important statistics
- Preferred gifts for men by Chinese millionaires in 2017Preferred gifts for men by Chinese millionaires 2017
- Preferred brands as gifts for men by Chinese millionaires as of 2017Preferred brands as gifts for men by Chinese millionaires 2017
- Preferred gifts for women by Chinese millionaires as of 2017Preferred gifts for women by Chinese millionaires 2017
- Preferred brands as gifts for women by Chinese millionaires as of 2017Preferred brands as gifts for women by Chinese millionaires 2017
- Philantrophy
The most important statistics
- Chinese millionaires' leading donation purposes in 2013Chinese millionaires' leading donation purposes in 2013
- Most generous donors among millionaires in China in 2017, by amount donated (in million U.S. dollars)Most generous donors among millionaires in China 2017, by amount donated
- Total and average donations of leading 100 Chinese philanthropists from 2010 to 2013, by amount donated (in million U.S. dollars)Total and average donations of Chinese philanthropists in 2013
- Miscellaneous
The most important statistics
- Countries with high immigration rates of millionaires from China in 2013Countries with high immigration rates of millionaires from China 2013
- Countries preferred by Chinese millionaires to send children for higher education abroad as of 2016Countries preferred by Chinese millionaires for higher education abroad 2016
- Wealthiest Chinese people holding a position in politics in China in 2007 and 2012 (in billion U.S. dollars)Wealthiest Chinese people holding a position in politics in China 2007-2012
Discover Statista
Need help with using Statista for your research?
Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
- Reasons for owning collectibles among wealthy Americans in the United States, 2013
- Source of the majority of annual income among wealthy Americans, by gender, 2013
- Source of the majority of annual income among wealthy Americans, by age, 2013
- Wealth perception among wealthy Americans in the United States, 2014
- Source of the majority of annual income among wealthy Americans, by asset level, 2013
- Changes in investment strategy to minimize taxes among wealthy Americans, 2013
- Source of the majority of wealth among wealthy Americans, by age, 2014
- Investment priority for managing wealth in the United States, 2014
- Feeling of financial security compared to five years ago, by age, 2013
- Feelings among wealthy Americans around meeting financial needs, 2013
- Share of ultra high net worth households in India by region 2016
- Preferred collectibles among ultra high net worth households India - by places 2016
- Share of Indian ultra high net worth households - by wealth usage type 2016
- Sharia assets in 2009 - distribution amongst MENA countries
- Shariah assets after minority worldwide
- Islamic financial institutions: assets in 2009
- African cities with the highest number of ultra high net worth individuals
- Brazil: largest wealth-creating companies in 2017
Studies
- High net worth individuals in the United Kingdom (UK)
- Global Wealth Databook 2018
- Global Wealth Report 2018
- The Wealth Report 2019
- Global Wealth Report 2017
- The Wealth Report 2018
- Millionaires in China
- The Wealth Report 2015
- The Wealth Report 2016
- The Wealth Report 2017
- United States Wealth Report 2015
- 2015 insights on wealth and worth
- Millionaires in the United States
- Billionaires around the world
- Household finance in Belgium
Statistics on "Millionaires in China"
- Number of ultra high net worth individuals in 2018, by region
- Number of high net worth individuals worldwide from 2010 to 2018, by region (in millions)
- Assets of millionaires worldwide from 2010 to 2018, by region (in trillion U.S. dollars)
- Countries with the most millionaires in 2017 and 2018 (in 1,000s)
- Countries with the most millionaires in 2020 (in 1,000)
- The 25 countries with the most millionaire households in 2018 (in thousands)
- The 15 countries with the highest proportion of millionaires in 2018
- Top 15 cities based on number of billionaires in 2015
- Top 20 cities worldwide based on number of millionaires in 2012 (in 1,000)
- Number of ultra high net-worth households in greater China by the end of 2017, by city
- Number of millionaires in China in 2015, by region
- Number of millionaires in China in 2015, by geographic region
- Total wealth of ultra high net worth individuals (UHNWIs)* in China from 2011 to 2013, by net worth (in billion U.S. dollars)
- Distribution of millionaires in China in 2013, by origin of assets
- Leading asset investments of millionaires in China in 2013
- Ranking of the 25 richest people in China as of August 2018 (in billion yuan)
- Luxury goods duty free shopping locations for millionaires in China as of 2015
- Popular products among millionaires when shopping abroad in 2012
- Most popular alcoholic beverages among Chinese millionaires in 2013
- Number of cars owned by millionaires in China in 2013
- Number of watches owned by Chinese millionaires in 2013
- Preferred leisure activities among Chinese millionaires as of 2016
- Most popular sports among male Chinese millionaires as of 2017
- Most popular collector's items among Chinese millionaires in 2017
- Average vacation length among millionaires in China in 2014
- Leading international travel destinations of Chinese millionaires as of 2018
- Major domestic travel destinations of Chinese millionaires in 2018
- Number of travel days taken by millionaires per trip in 2014
- Reasons for travel among Chinese millionaires in 2013
- Most popular hotels among millionaires from China in 2015
- Facts considered when choosing hotels among Chinese luxury travelers in 2016
- Preferred gifts for men by Chinese millionaires in 2017
- Preferred brands as gifts for men by Chinese millionaires as of 2017
- Preferred gifts for women by Chinese millionaires as of 2017
- Preferred brands as gifts for women by Chinese millionaires as of 2017
- Chinese millionaires' leading donation purposes in 2013
- Most generous donors among millionaires in China in 2017, by amount donated (in million U.S. dollars)
- Total and average donations of leading 100 Chinese philanthropists from 2010 to 2013, by amount donated (in million U.S. dollars)
- Countries with high immigration rates of millionaires from China in 2013
- Countries preferred by Chinese millionaires to send children for higher education abroad as of 2016
- Wealthiest Chinese people holding a position in politics in China in 2007 and 2012 (in billion U.S. dollars)
- Which of the following are reasons you own/collect these assets?
- Source of the majority of wealthy Americans' annual income in the United States in 2013, by gender, in percent
- Source of the majority of wealthy Americans' annual income in the United States in 2013, by age
- Do consider yourself wealthy?
- Source of the majority of wealthy Americans' annual income in the United States in 2013, by asset level
- Do you plan to change your investment strategy or seek tax efficient investments to minimize taxes due to recent tax law changes?
- Source of the majority of wealthy Americans' wealth in the United States in 2014 broken down into age groups, in percent
- When it comes to managing your wealth and investment portfolio, which of the following is closest to your investment priority?
- Do you feel more/less financially secure today than five years ago?
- Feelings among wealthy Americans about whether their wealth can meet their current and future financial needs, 2013
- Distribution of ultra high net worth households (UHNHs) across India in 2016, by region*
- Most preferred places to purchase collectibles among ultra high net worth households (UHNHs) in India in 2016
- Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type*
- Geographic distribution of Sharia-compliant assets in the MENA countries * in 2009
- Geographic distribution of Sharia-compliant assets worldwide (excluding MENA countries *) in 2009
- Islamic financial institutions: assets of the fastest growing banks in 2009 (in million U.S. dollars)
- 10 cities in Africa with the largest number of ultra high net worth individuals in 2013
- Largest wealth-creating companies in Brazil in 2017 (in billion U.S. dollars)
Statista Accounts:
Access All Statistics. Starting from $588 / Year
Related topics
About Statista
Statista offers dossiers and reports on over 170 industries. With Statista you are always able to make informed decisions and boost your work efficiency.
Internet & Telecommunications
- Social Media
- E-Commerce
- Online Video & Entertainment
- Advertising & Marketing
Consumer Goods & FMCG
- Alcoholic Beverages
- Cleaning Products
- Cosmetics & Personal Care
- Food & Nutrition
Retail & Trade
- Health & Hygiene
- International Trade
- Shopping Behavior
- Sports & Leisure
Travel, Tourism & Hospitality
- Business Travel
- Leisure Travel
- Accomodation
- Restaurants
Society
- Demographics
- Economy
- Education & Science
- Politics & Government
Transportation & Logistics
- Aviation
- Rail Transport
- Vehicles & Road Traffic
- Water Transport
Please log in to access our additional functions
Register in seconds and access exclusive features.
Basic Account
|
Instant Access
Premium Account
| ||
|---|---|---|---|
Our services
Click the question mark for further information | Free |
$49 per month* | |
| Basic statistics | |||
| Premium statistics | |||
|
Graph download
| |||
| Download PDF | |||
|
Excel download
| |||
| Register | Purchase now | ||
*Duration: 12 months, billed annually, single license
Yes, let me download!
...and make my research life easier.
Exclusive Corporate feature
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.