Tag Archives: trustee
Serving as a Fiduciary: What You Need to Know
You may be asked to be power of attorney for a family member or friend. Your family member or friend may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated, and they would need a trusted person to step in and… Read More »
5 Reasons Why Uncle Fred May Not Make a Good Trustee
If you have created a dynasty trust that you intend to last for decades into the future, choosing the right trustee is critical to the trust’s longevity and ultimate success. Initially you may think that a family member, such as a sibling (“Uncle Fred” to your children, who are the initial beneficiaries of your… Read More »
