Adulting, Made Easier – Stories & Straight Talk
Quick reads, helpful tips, and honest breakdowns of what you need to know.
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Understand What’s At Stake Before Agreeing to Serve as Trustee
Being asked by a family member or close friend to serve as trustee for their trust upon their death can be an incredible honor. At the same time, however, serving as a trustee can be a massive responsibility—and the role is not for everyone.
When a Will is Not Enough: Name a Temporary Guardian
Naming permanent guardians in your Will is just one step in protecting your kids. It’s equally important to have someone (plus backups) with documented authority, who can stay with your children until the long-term guardians can be located and formally named by the court, which can take months. Also, a Will does not take effect until you pass, so your appointed guardians will not have legal authority over your kids if you are in tan accident or incapacitated. The last thing you want is for police to show up at your home and find your children with a caregiver, who doesn’t have documented or legal authority to stay with them and doesn’t have any idea how to contact someone with such authority. In such a case, police would have no choice but to call Child Protective Services.