Most difficult parts of being an executor of an estate in the United States, 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?

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Source

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.

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