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Statistically Speaking
...the individual remains competent, or it can take effect should the principal become incompetent. Similar to a POA, a health proxy and living will appoint decision-makers for medical decisions. With...
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Survivor Trustee: Cognitive Continuity Clause?
...trust, it can be helpful for families to know that it is possible to name a professional trustee . The appointment of a neutral, experienced, professional fiduciary to administer a...
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IRA Trust?
sense to secure the services of a professional trustee . The appointment of a neutral, experienced, professional fiduciary to administer a trust can be an especially wise decision if the...
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Family Harmony: Avoid Ambiguity
fair but unequal gifting, can become acceptable: “ Equal distribution among heirs is common, but not always what’s best or fair in every family. For example, one child may have...
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Wills: Coercion or Help?
...additional stress during a time of grief. Though often lawyers, professional fiduciaries can also be accountants or other financial professionals, or even a bank or trust company. Generally, a hired...
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Digital Executor: Who’s Yours?
...you want your online accounts and all digital content handled when you die or become incapacitated” alongside your official estate planning documents. Beirsdorfer offers these additional tips for leaving digital...
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Reality Check: Probate?
...licensed for business everywhere in the USA. Our customers have awarded us a 4.8 Trustpilot score. Whenever and wherever you need a bond, trust Colonial: www.colonialsurety.com ...
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Cryptocurrency and Estate Planning?
to as a personal representative or administrator. No matter what term is used, the family member, friend or professional you appoint has a fiduciary obligation “to act with the utmost...
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Probate Litigation Explained
probate bond is a type of fiduciary bond, and is sometimes alternatively referred to as an estate, executor, personal representative or administrator bond. Colonial Surety Company makes it quick...
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