Category: Fiduciary

Trusts have been around for a very long time and it is important to understand how they work. A trust can be quite complicated. That is why you need good legal representation in order to use one properly, according to the Pittsburgh Post-Gazette “Do I need a trust?“. Trusts are created using a tailored trust […]

It sounds financial but it isn’t. It is all about the person’s behavior in the relationship. A fiduciary relationship is a legal relationship that includes responsibilities that can be enforced and it is important to look closely at it, according to the Denton Record-Chronicle What is the “F” word?“. In a fiduciary relationship, whether between […]

The estate plan is a major tool to protect your family. Okay, you now have an estate plan. What’s the biggest mistake you can make? Not updating the plan as the years go by and life changes occur, according to the Times Herald in “Top six estate planning mistakes“. Another big mistake would be to […]

Dramatic shift possible in equities and bonds resulting in impact on investment in trust assets. The equity and bond markets have been relatively stable with a negative correlation for the past three decades. However, that may be about to change, according to the Financial Advisor in “Forget 30 Years Of Stock And Bond Divergence, Bernstein […]

If you appoint one of your children as power of attorney you should make certain they can handle the job. The person you would want to handle your affairs if you are incapacitated is one of the questions you may have to face in preparing an estate plan. The first instinct of most people is […]

Being named an executor brings responsibility and stress. It is a position that should be filled carefully. Executors often have to deal with contending creditors, heirs, family members who are not heirs, financial institutions and more. A recent headline highlights the situation in the Globe and Mail which reads “Being executor of a will likely […]