John B. Whalen Estate Planning Law Blog on Lawyers.com

Pa Estate Planning and Fiduciaries?

Wednesday, February 4, 2009 by John B. Whalen

Photo of John B. Whalen

~ ~ ~

Be aware that your Fiduciary Positions are the person(s) in charge.

For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com

~ ~ ~

~ ~ ~

~ ~ ~

~ ~ ~

The law refers to these person(s) as a "Fiduciary" and I refer to these person(s) as your "Bosses."

A "Fiduciary" is someone who stands in a position of trust to another, and a Fiduciary is in charge of carrying out the terms and/or instructions of that particular Fiduciary's roles of that Estate Planning Document.

The proper terms for the "Bosses" of your Estate Planning documents are:

Agent ~ Under a Power of Attorney

Surrogate ~ Under a Living Will

Trustee ~ Under a Trust

Executor ~ Under a Will
 
Posted at 01:54 AM
Topic: Estate Planning
Lawyers.com Blog

Lawyers.comSM Blog

Get an inside view of
Lawyers.com

Blog Topics

Bloggers

Archives

Recent...