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Reply to "Overwhelmed by trustee duties - please help!"
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[quote=Anonymous]My husband is the administrator of a trust his dad set up to benefit his mom before he died five years ago. Until last year, his mom was able to participate in decision making, gather materials for her taxes, talk with banks and service providers, and reset her passwords. She had a major stroke last fall and is now severely impaired. My husband is her POA and is trying to keep everything together, manage her medical and emotional needs, manage her household, and handle her financial affairs. But he has a pretty big job and a family who need him too. His health has suffered, he worries about his job performance, his friendships have dwindled, and he feels he's doing a bad job managing the financial aspects of her life (taxes, stock performance, retirement distributions, etc.). He feels guilty, overwhelmed, and depressed. Basically, he's drowning, and I'd like to help him offload some of this crushing responsibility. But my capacity is finite too and I'm wondering if there are professionals who can help with the administrative functions of administering the trust. He has an accountant to file her taxes, but he's often late filing because he can't find the paperwork he needs - it was mailed to the wrong address and thrown away, a form needed to be filed with the provider, she can't get into her accounts to reset passwords. He's racking up penalties and interest and can't seem to find his way out of this mess. Any advice is most welcome![/quote]
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