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Reply to "Managing an estate in a blended family"
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[quote=Anonymous]Good for your father for approaching his estate planning with his children in mind. That's rare. TBH, I'd only share information with your sister on a 'need to know' basis. She doesn't need to know that you're the trustee, or that you have decision-making power over the wife's spending. Keep her in the dark and send her paper statements so she has an idea of what she can expect to receive. And, set her expectations that settling a large estate takes 1 to 1.5 years for all the filings, etc. Wife's expectations too![/quote]
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