When developing an estate plan it’s important to select the right person as trustee or executor (fiduciary). Unfortunately there are many stories of things going awry, and family relationships being damaged, when the person responsible for managing your estate doesn’t see eye to eye with the beneficiaries.
These unintended situations can be minimized by remembering a few important points in designating a fiduciary.
Below are four “C’s” to keep in mind:
Consider your familyA family member or child is often the first personRead More