When it comes to estate planning, there are people you will have to give jobs to—whether it is taking care of your business, your kids, or someone taking care of you. These people are your fiduciaries; most of the time, there is no perfect person to carry out these tasks. With this in mind, we want your estate plan to anticipate the best-case scenario if something happens to you and you cannot take care of yourself or your affairs. Below are a few types of fiduciaries:
Guardians
In many familial situations, when parents have to leave the children at home for any length of time, grandparents are who we count on to take care of them.
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