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28 search results for: trustee

1

What Is a Trustee and When Might You Need One?

You’ve probably heard of trusts and trustees before – most likely in the context of a rich kid living off of their trust fund. However, trusts are not just legal tools for the wealthy. We’ve talked about trusts before, and if you want to delve a little deeper into that subject, you can read more […]

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12 Duties of a Helper: What Do Executors, Trustees, Guardians and Powers of Attorney Really Do?

Every estate plan needs a good helper(s). Choosing those helpers can be tough. Your trustee, guardian, power of attorney or executor will be responsible for making decisions when you become disabled (like from a stroke or dementia) or pass away. But what exactly are they responsible for? Your helper(s) will take on many financial, legal and […]

3

The Checkbook Test: Can your executor or trustee pass it?

Good “helpers” are essential to an effective plan. Could the people you’ve chosen as executor, trustee, power of attorney or guardian pass this simple test? Every Estate Plan Needs a Good Helper We talk about good “helpers” a lot, and that’s because they are vitally important to an effective estate plan. Helpers are the people who […]

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4 Things You May Not Know About POA’s

Some people get nervous when they think about signing a Power of Attorney. Maybe they saw a movie where a guy was swindled out of a fortune when he signed one. Maybe giving someone control over your affairs is unsettling to you. Whatever the case may be, Powers of Attorney (POAs) can seem intimidating. In […]

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7 Important Things Cinderella’s Father Could Have Done Better

The secret to avoiding disaster in the Magic Kingdom — plan ahead. So much of parenting is about planning and anticipating problems BEFORE they happen. And trips to Disney World are no exception. We know from experience that our kids get worn out if they days are too long. So, now we purposely build in […]

8

The Difference Between a Will, a Living Will and a Living Trust

A recent survey on estate planning found that 74% of those surveyed thought estate planning was a confusing topic. That’s no surprise considering estate planning has a language all its own. Today, we’ll sort out the difference between a Will, a Living Will and a Living Trust — three separate estate planning tools with similar names, but different roles […]

10

Farmland for Cash Rent Bid – Schuyler County, Illinois

Nancy L. Rice and David O. Edwards, as Trustees of the Wilma A. Davis Trust, dated May 13, 2016, seek bids for cash rent to farm 89.15 acres of farmland in Woodstock Township, Schuyler County, Illinois.  We are asking for bids for 2017 only, but may be open to the lease extending beyond next year.  […]