Month: November 2021

Understanding fiduciary duty

When a person chooses a personal representative for his or her estate or someone to act for him or her under a power of attorney, that representative has a fiduciary duty. A fiduciary duty means that the representative must act in that person’s best interest, avoid...

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Discussing inheritance with children

After a lifetime of hard work, it makes sense that many people want to leave an inheritance to their children. It’s likely that they also want to ensure that the money is used responsibly. By focusing on the children who will receive the inheritance, it can help set...

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