Being a trustee is difficult but adopting these four best practices employed by professional trustees will go a long way to ensure that you’ll effectively execute your duties and mitigate your liability.
All couples can now take advantage of tax benefits for married partners, pass assets from one spouse to another with ease and qualify for Social Security spousal and survivor benefits. However, not all couples want to get married.
A common dilemma that families face upon the incapacity or death of a loved one is locating estate planning documents. While preparing the documents is the most important step, it's irrelevant if they are lost when needed most.