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Like estate executors, trustees have fiduciary responsibilities. A trustee’s chief responsibility is to manage the assets in a trust according to the instructions of the person who established that trust (the settlor or creator). They have a duty to act in the best...
Your parents have probably had an uncomfortable conversation or two with you about their estate planning wishes. They may have explained to you how they intended to divide their property or even told you about assets that they previously had not revealed to you. While...
When your elderly loved one needs support in the home, it’s reasonable to look into hiring an in-home health care aide or nurse. Caregivers can be an excellent source of information and may be helpful to your family, but they are compensated fairly for this work. They...
Someone's estate plan is among the most important documents that they will ever draft in their life. When that person dies, their estate plan establishes their legacy and protects the people who depend on them. Especially when there are substantial assets involved in...
If you have recently lost a loved one, it should be a time where the whole family comes together to mourn and support one another. The last thing you want is to be the cause of a lawsuit that piles contention onto an already painful situation. Like it or not, however,...
As your loved one ages, something that you should watch out for is those who would take advantage of their state. Your loved one may have moments of confusion or not be completely aware of what’s happening around them. As they are now, they deserve support and...
If you have recently lost a loved one, it is likely that you are having to deal with their estate plan at the same time as grieving their loss. Both of these processes can be difficult and overwhelming to manage, and you may feel that you are particularly stressed,...
When your loved informed you that you would be the executor of their will, you likely thought you were up to the job. Now that they have passed away, you might be panicking about discharging your duties. Managing their estate may daunt you, since it has so many moving...
As we age, our lives change significantly. Often, we must seek assistance in everyday tasks and move to new living situations that allow us to get that help. A looming fear for many is what will happen if they are incapacitated and are unable to speak for themselves....
Being left out of a loved one’s will after assuming or being told you would be included can be a devastating blow from both a personal and financial standpoint. However, many times when a person dies and their final wishes come to light, some survivors are shocked to...