Fiduciaries

InterActive Legal CEO, Vanessa Kanaga moderates a WealthManagement.com webinar on ESG Trusts (Environmental, Social, and Corporate Governance). Topics will include a brief history of ESG investing, the current framework for choosing and…

The trust, as a legal concept, has existed for centuries, yet arguably the most significant developments in trusts have occurred in the last few decades. Due to the efforts of the estate planning community, clients now have a better…

How do the new fiduciary rules impact your life insurance recommendations? Ethical Considerations of NYS DFS Reg 187, FINRA Rule IM2210, New CFP Practice Standards and the UPIA Relating to “Decision Support Material” used by life insurance…

Naming an Executor (called a Personal Representative in some states) to administer your estate is an important decision, and can be a difficult one, particularly if you own property that requires special knowledge and attention, such as…

Trustees and Personal Representatives can be appointed in a number of ways, and each drafting attorney likely has their preferred method. The InterActive Legal drafting systems attempt to provide as many options as possible for identifying…

Third parties are often requested to rely and act upon the authority of an agent under a durable power of attorney (“DPA”). For example, it is not uncommon for a child who has been designated as an agent for a parent under a DPA to use the…

The appointment of fiduciaries under a Will may be one of the most important decisions the client may make with respect to the document. This summary provides a guide to the drafter as to how the questions relating to appointment of…

The appointment of Trustees of a trust probably is one of the most important decisions the client may make with respect to the document. This summary provides a guide as to how the questions relating to appointment of Trustees will appear,…

Fiduciaries often face many tax options and elections during the administration of an estate or trust. The manner in which the fiduciary exercises, or does not exercise, tax elections and options will significantly affect one, some, or all…

Fiduciaries may be able to exercise dozens of tax elections during the administration of an estate or trust. How these elections and options are or are not exercised may have a significant impact on one, some or all of the beneficiaries.…