Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Debt burden, financial obligation or loan payment, heavy load of money ...
Finance Strategists on MSN
Key differences between executor of a will and power of attorney
Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...
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 ...
The main reason people confuse these documents is that estate planning attorneys typically discuss them as a package.
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 ...
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, ...
Next of kin and power of attorney (POA) serve different roles in managing someone’s affairs. A POA gives legal authority to an appointed agent to make financial or healthcare decisions. Next of kin, ...
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