What is a Fiduciary And Why Would I Need One

What is a Fiduciary And Why Would I Need One

A fiduciary is an individual that acts on the behalf of another individual to manage his or her assets.  Being a fiduciary means being ethically bound to act in the best interests of the other individual. A fiduciary is an individual who is obligated legally to act in...
How to Select an Executor for Your Will or a Trustee for Your Trust

How to Select an Executor for Your Will or a Trustee for Your Trust

When you write up your will you need to choose individuals for a few positions: executor, guardian (if you have minor children), and trustee (if you have a revocable or irrevocable trust). Your executor is responsible for making sure that your assets are protected and...
What is Estate Planning

What is Estate Planning

You may not believe it, but everyone has an estate.  All of your possessions make up your estate, including your vehicles, real estate, banking accounts, all investments and life insurance policies plus any of the other of the myriad of things you own from the couch...
Why Naming Beneficiaries on Assets Outside a Will is Important

Why Naming Beneficiaries on Assets Outside a Will is Important

Individuals have the ability to designate beneficiaries directly on assets such as investments, annuities, insurance products, and registered plans.  By choosing to handle assets in this manner, the proceeds of the assets go directly to the beneficiary (or...