Protects an individual, their benefits, and/or their personal property and affairs.
A fiduciary is someone who accepts the responsibility to act in a way that represents the best interest of another.
The fiduciary can protect an individual, their benefits, and/or their personal property and affairs.
They hold a position of trust and confidence. Some examples of fiduciaries are:
- health care agents,
- and court-appointed guardians.
The attorneys at The Law Office of Richard K. Abraham are appointed as fiduciaries and can also provide representation to fiduciary clients who need of assistance in fulfilling the financial and legal duties they accepted.
- Duties of an ExecutorBefore distribution of assets, a Personal Representative (PR) has the responsibility to follow the terms of the Will (if one exists) or statues regarding intestacy to the greatest extent possible, undertake all necessary actions to manage the estate’s assets, and pay the proper debt as well as appropriate taxes.
- What to Consider When Selecting Your AgentThe individual(s) you chose as your “Agent” in your estate planning documents has the important responsibility of protecting you. That protection is afforded to your financial affairs and health care decisions while you are alive.
- What to Do With Online Accounts After DeathIn today’s ever-increasingly digital world, most people have online accounts for a variety of services. This can include accounts with financial institutions such as investment portfolios, savings accounts, social network profiles, and airline reward program memberships. One aspect of estate planning many individuals neglect is what to do with these online accounts after death. Such accounts are ...
Let us help you with Fiduciary Representation.
Planning ahead puts you in control of your choices! Don’t wait until you have a crisis to review the plans you have in place. We can help you protect an individual, their benefits, and/or their personal property and affairs.