A “Professional Fiduciary” is someone who accepts responsibility for taking care of the personal and/or financial needs of a person that is unable to do so for themselves. Trust is a crucial element when the person receiving the services is vulnerable, frail and incapacitated. A “Professional Fiduciary” is not a caregiver, but manages and oversees the care being provided.
A “Professional Fiduciary” is certified by the state(s); State and Federal law govern the professional fiduciaries. Services are provided for an hourly fee. Each Fiduciary has their own fee schedule which will be provided to a potential client.
For more info or to talk directly to a fiduciary, click here.
Want more info on a fiduciary’s responsibilities?
- A fiduciary is someone who has undertaken to act for and on behalf of another person.
- A fiduciary is chosen to protect and manage the personal care or the finances, or both, of someone who is unable to do so for themselves
- A fiduciary is expected to be extremely loyal to the person to whom she/he owes the duty (the principal or client)
- A fiduciary is licensed by the State
- Conservatorship of the Person and/or Estate – Court Appointment
- Physical Health
- Managing Finances
- Protect income and assests
- Pay bills
- Invest money
- File tax returns
- Trust Administration Services
- Manage, protect and invest assets
Why you need the services of a Fiduciary
- Expert in overseeing and managing matters/affairs
- Neutral person for family conflict
- State & Federal law govern the Professional Fiduciary