At some point in your life, you may decide that you need a fiduciary to handle your affairs. This can happen at any time and any age. You are free to appoint someone you trust to fulfill this duty. Depending … Read More
Tax season is a busy time of year for adults. When it comes to your finances, you want to be certain that you are filing your taxes each year and correctly. Throughout tax season, you may have received notifications or … Read More
Yes, a trustee can withdraw money from an irrevocable trust, but only to pay for third-party expenses and not for personal reasons. This is because it is the trustee’s responsibility to manage the trust according to the to the wishes … Read More
A power of attorney is a great responsibility to bestow. While there are different types of power of attorney (POA), a financial POA handles a principal’s financial affairs. Whether you are researching for yourself or someone else, it’s best to … Read More
Trusts are just one way that people plan out their finances responsibly after death. As a trustee, it’s your duty to fulfill the responsibilities you bear in this role. People who create trusts depend on you to follow through and … Read More