Trustees

Tuesday, October 16, 2018

Do It Now: Name a Guardian for Your Minor Child(ren)

We know it’s hard. Thinking about someone else raising your children stops us all in our tracks. It feels crushing and too horrific to consider. But you must. If you don’t, a stranger will determine who raises your children if something happens to you - your child’s guardian could be a relative you despise or even a stranger you’ve never met.


Read more . . .


Tuesday, January 3, 2017

5 Mistakes Made by Successor Trustees (and How to Prevent Them)


5 Mistakes Made by Successor Trustees (and How to Prevent Them)

 When establishing a trust, you need to give serious thought to choosing your successor trustee—the person who will administer your trust once you’re no longer able to do so. This individual ideally should be:

 ●Someone you trust implicitly.

●Someone who is organized, responsible and meticulous.

●Someone who can remain steadfast to your wishes in the face of family disagreements and other disputes regarding the trust.

That said, even the most capable, well-intentioned successor trustees can make mistakes when managing affairs.


Read more . . .


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