When you create a trust, you must appoint someone to manage its assets ( a trustee). They will administer the trust and distribute proceeds to the beneficiaries according to your wishes. While a trustee is legally obligated to always act in the best interests of the...
Caring For You In The Long Term
Month: April 2023
What’s involved in changing your child’s designated guardian?
As responsible new parents, you and your spouse chose a designated legal guardian for your child when your baby was born. You gave it considerable thought and were relieved that your chosen person agreed to become your child’s legal caregiver should the two of you...
How aging adults can avoid involuntary guardianship
The older someone becomes, the greater the risk that they will develop debilitating cognitive issues related to their age. Alzheimer's disease is only one of multiple age-related health concerns that can affect someone's mental capacity and legal authority. Those who...