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Personal Finance and Investing

Retired Engineer Bob

(759 posts) Thu Aug 5, 2021, 01:52 AM Aug 2021

Talking to a fiduciary Monday [View all]

I listed the things I wanted to discuss.

1. Overall balance, things gotta move.
2. Consolidation, I’m almost losing track of accounts.
3. Estate planning. Mom has $$ in Dad’s estate. He died late 2019, still not resolved. I refuse to leave such a burden on my husband.

I’ll need to understand their fee structure. They (fiduciary) are not free.

Anything else I should ask?

8 replies

= new reply since forum marked as read

Highlight:

Talking to a fiduciary Monday [View all] Retired Engineer Bob Aug 2021 OP

Having them do a living trust for you. It's better than a will brush Aug 2021 #1

Excellent Retired Engineer Bob Aug 2021 #2

Spell out in detail what would fall under the fiduciary's responsibilities and what would not. Beastly Boy Aug 2021 #3

If there are inheritance or estate taxes in any of the states involved. bucolic_frolic Aug 2021 #4

Thanks all for your input. Gives me some things to consider n/t Retired Engineer Bob Aug 2021 #5

Power of attorney? Living will? question everything Aug 2021 #6

I need to make an appointment with an estate planning lawyer as well n/t Retired Engineer Bob Aug 2021 #7

A will is still needed, even if you go for a living trust. PoindexterOglethorpe Aug 2021 #8