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Trusts and the Modern Family

Demographic trends impact who should be a fiduciary.

One of the most important decisions a client makes in the estate-planning process is the selection of fiduciaries who’ll represent the client when she no longer can act herself. This decision comprises nominations of agents under powers of attorney, an executor or personal representative, a trustee and perhaps, a guardian for minor children. Many estate plans may also require a client to select a trust protector and fiduciary advisors for directed trusts. Each of these fiduciaries will hold

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