[Topic is now in Personal Finance (Not Investing) - mod mkc]
Dear Boglehead friends,
My DW and I are updating our estate docs such as trust, wills, etc. One issue where I need your collective advice or experiences: We have need for a corporate trustee to 1- Possibly handle our estate when we are dead and 2- handle a special needs trust for one of our children.
Please do not tell me to seek a trusted friend, etc...that ship has sailed. We need someone to handle the financial affairs of a relative who, most likely, will not be able to handle money issues.
We had one meeting with a rep from Arden Trust. I am just beginning my investigation into this company and will be seeking others to compare. Yes, I know it will be expensive, but giving someone who is not capable of handling a decent amount of money is more of a concern at this point.
What are your thoughts and collective wisdom.
Best regards,
Dear Boglehead friends,
My DW and I are updating our estate docs such as trust, wills, etc. One issue where I need your collective advice or experiences: We have need for a corporate trustee to 1- Possibly handle our estate when we are dead and 2- handle a special needs trust for one of our children.
Please do not tell me to seek a trusted friend, etc...that ship has sailed. We need someone to handle the financial affairs of a relative who, most likely, will not be able to handle money issues.
We had one meeting with a rep from Arden Trust. I am just beginning my investigation into this company and will be seeking others to compare. Yes, I know it will be expensive, but giving someone who is not capable of handling a decent amount of money is more of a concern at this point.
What are your thoughts and collective wisdom.
Best regards,
Statistics: Posted by HipCoyote — Tue Jun 25, 2024 8:06 pm — Replies 3 — Views 227