What Is a Trustee in Estate Planning?
A trustee is the person or institution appointed to manage a trust on behalf of beneficiaries of the trust.
A trustee is the person or institution appointed to manage a trust on behalf of beneficiaries of the trust.
Parents of children with disabilities often face extra financial challenges. Understanding available resources is crucial in ensuring that their children receive the necessary care without undue financial burden.
Sound estate planning can make the probate process run efficiently and smoothly, protecting your estate’s value and legacy and preserving your family’s well-being. An attorney can help mitigate the risks.
People with disabilities often face barriers to living on their own. However, a variety of community-based options present an alternative to long-term care facilities, helping individuals with disabilities maintain autonomy.
If your parent did not prepare for incapacity and name a person to act as their power of attorney, you won’t be able to create a legal document after they are mentally impaired. You will need to claim guardianship.
Nearly one-third of young adults don’t have a budget, which creates a huge stumbling block for financial success. Give your children the tools they need to control their money instead of wondering where it went.