Are Your Heirs Protected?

Naming A Fiduciary You Can Trust

Even the best prepared plans will require someone to carry them out and see them through.  Choosing the right person as the fiduciary for your will or trust is a critical step for your estate plan. Sometimes, even trusted family members fail to act properly.

At Estrada Legal, we will work with you to identify potential hazards, options and help secure the best team for your will or trust plan.

Recent Example

Recently a man named as the executor of his father’s will misused his power and kept $143,000 for himself which was intended for his brothers.  His brothers were forced to take action at the probate court (to read the article click here).

Naming Fiduciaries

Choosing a trustworthy executors or trustees is critical to your plans. In some instances it may make sense to name multiple individuals in these roles to minimize potential for abuse.

Updating your Documents

Keeping your documents updated can ensure that you continue to put the best individuals in charge of executing your plans. Individuals named at one point in life may cease to be the best suited over time.

Call an Experienced Phoenix Estate Planning Attorney

Estrada Legal is available to work with you to identify hazards and create the legal documents required for your plans and beneficiaries. Please contact us today for assistance.

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