If you have a trust, you need to prepare for all possibilities—this means naming a successor trustee who would take over the management of the trust if the original trustee were to become incapable, whether due to death, incapacity, or any other reason. Choosing a successor trustee is a difficult decision for many people. However,…
It’s officially November, which means—like it or not—the holiday season has begun. Garland will soon dress every storefront, ornaments are already being hung, and every shopping mall in America has hit ‘play’ on an endless list of catchy carols to carry you through the season. For many, it’s the most wonderful time of the year.…
Until recently, Anne Heche was an Emmy award-winning actress best known for her roles in such blockbusters as Donnie Brasco and I Know What You Did Last Summer. However, after a tragic car accident took her life in August 2022, it’s her estate that has made its way into the headlines. The biggest estate planning…
Choosing the right person to manage your affairs when you die or if you become incapacitated isn’t easy. It can be even more challenging if you aren’t married and don’t have appropriate family members available to step in. Your parents, children or siblings may either not be available, or not the right fit. Or maybe…
A Professional Fiduciary is an individual who is entrusted property or power for the benefit of another.
A professional fiduciary can save you the time and stress spent looking for records and summarizing tax data.
The term, “fiduciary,” may sound dry and academic, but its significance is profound. This article revisits what a fiduciary is, and affirms why family members, trusted advisors, and others who oversee vulnerable or compromised populations should embrace professional fiduciaries.
