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Legal $ense Monthly


         
March 2016
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IN THIS ISSUE
Understanding the Role of Personal Representative
Important Guidelines for Administering a Trust
Staying Safer in Your Home
 
When creating your estate plan, you will be faced with many important decisions that must be made before your plan can be finalized. For example, you will need to decide who should receive your assets, your wishes for end of life medical care, and who should be appointed your personal representative.
After a loved one passes away, you may find yourself in charge of administering their trust if they named you as their successor trustee. Unless you served as a trustee in the past, you may find this process overwhelming and stressful. Familiarizing yourself with the duties and obligations of a trustee during a trust administration is a good first step in this process. 
Four years ago, Robert Adler of the Consumer Product Safety Commission (CPSC), on which he has served since 2009, started pushing a new Senior Safety Initiative in order to more aggressively target consumer-product injuries involved older Americans, a problem that's estimated to cost the nation more than $100 billion a year. 
  
At Elder Law Solutions we concentrate our practice in estate, long-term care and special needs planning. We are located on the North Shore and have a strong commitment to client service.  If you have questions about these or other legal matters, do not hesitate to contact us by e-mail by clicking here or by calling us at (978) 465- 5407.


Elder Law Solutions
Margot G. Birke, Esq.                                        www.elderlaw-solutions.com
One Harris Street                                              info@elderlaw-solutions.com
Newburyport, MA 01950
(978) 465- 5407