Has a close friend or beloved relative designated you as the trustee of one or more trusts? If so, it is wise to know what is expected of you as a trustee. The administration of a trust involves completing many detail-oriented tasks. Even a seemingly simple mistake on...
Month: December 2022
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Estate planning: What is a Power of Attorney?
You might think that your family will automatically manage your affairs and make financial or health decisions on your behalf when you become incapacitated. However, it is not the case. For instance, a bank won’t let your kin withdraw funds from your account without...
What a will can do for you
If you’re young then you may not have thought about estate planning yet. If you’re an elderly individual then you may feel intimidated by the process. The truth is that estate planning can benefit anyone and drafting a will is something that you should certainly think...