Practical Estate Planning Tips Series 9 of 10

Tip #9:  Let them know

Many times I will have clients simply say that they don't want to tell their trustee about the trust or provide them information. 

In most cases I just don't understand this.  If you don't trust them then don't put them down as a trustee.  Put someone in there that you trust and provide them information so they now that they are to act.

In general I suggest providing your trustees a copy of your trust and other related documents so they will have it when they needs it.  Otherwise they may be digging through boxes, or worse the trash, looking for your trust.

Also, how are your agents suppose to help you with health and finances if you don't provide them the Power of Attorney document?  Again, if you don't trust them then don't appoint them.

Let them know!

Services

Estate Planning, Trust Administration and Probate

Plan to Prosper is our motto. Our compassionate Estate Planning team will help you design a plan that is right for you. We will listen to your wishes and needs and develop a plan that will last for years or even generations.


Business Law

Business planning involves many things including tax planning, liability protection, succession planning, and image. A well planned business is the first step to a well run business. Again, Plan to Prosper!