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.
One of the most important decisions you make in the estate-planning process is the selection of fiduciaries who will represent you when you no longer can act for yourself. Here are four reasons to consider using a Professional Fiduciary in your estate planning.
Collaboration among the client, drafting attorney, and a professional fiduciary during the drafting phase of the estate planning can provide for a more streamlined estate plan on-boarding process and estate administration.
People often come to my office, recognizing the terms “trust” and “will,” but without a clear understanding of their differences. Learning more about these documents – and how they differ and how they can complement each other – will help you build a better estate plan for you and your family.
6 Steps to Ensure Your Estate Plan’s Success Estate planning is about getting plans in place to manage risks at the end of your life and beyond. No one wants to spend more time than necessary contemplating their mortality. But putting in the work now will save your loved ones from months or…
3 Things You Should Know About Being A Trustee If you’ve been designated as the Trustee in an estate plan, you might be wondering what comes next. And if you’re not, you should be. Because being a Trustee is serious business. In very basic terms, you have been appointed to administer a trust…
In case you haven’t heard… now is a great time to ensure you have an up-to-date plan in place to manage risks and ensure your wishes are honored if you become unavailable for any reason. Does your estate plan identify the people in your life that you trust have the skills, availability, objectivity and fortitude…
So you’ve finally gotten through the initial step of creating and executing your estate planning documents. Now you’re wondering where should you store the originals. The answer is really simple—in a safe and accessible place. But what does that mean exactly? This article provides tips and insights to help make sure that all the work you’ve put in to creating a thoughtful and meaningful estate plan serves you, by ensuring that your documents are safe, accessible and available to your successor agent(s) when they need them.
Contact us today to set-up a complimentary remote Initial Consultation!
