Executor of a Will vs Power of Attorney: Overview An executor of a will is an individual appointed by the deceased to manage their estate after they have passed away. They are responsible for ensuring ...
This person is the successor trustee of your trust, the executor in your will and the designated attorney-in-fact in your power of attorney. We will refer to all of these people as the successor ...
Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. So, Aunt Jane just asked you to be the trustee of her trust. You were ...
Power of attorney documents give one or more people the right to act as your agent when you're unavailable, incapacitated, or otherwise indisposed. Beyond more general types of POAs, specialized ...
Establishing a trust as part of your financial plan is something you might consider if you have extensive assets or simply want a measure of control over how those assets are managed after you're gone ...
With nearly a decade covering personal finance, Rebecca Safier simplifies loans and other complex financial topics to help people manage their money with confidence. Her work has been featured in ...
Hard choices wait around every corner as you age, but some of the most difficult ones are about your own care. Without a plan in place, you might not be able to convey your wishes to those around you, ...
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