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Eldercare
Reply to "Overwhelmed by trustee duties - please help!"
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[quote=Anonymous]Yes, just throw some of the money at this. You hire people to do this. it will also make it much easier if greedy siblings or relatives make accusations. They can provide all paperwork. I don't know why families expect members without a financial background to take on managing complicated trusts. I was POA and trustee. I have an emotionally unstable sibling who is litigious and threatened to sue me if I made a wrong move. I was willing to do a task I didn't want, before I was threatened. Once a threat came I dodged the bullet. Before mom lost her faculties I made it clear she would need to chose a lawyer and/or accountant to manage things. I do not have the background, the finances are very complicated, I have a family that needs me and I am not going to cater to emotionally unstable sibling and live in fear of a frivolous lawsuit. Best decision ever. The team will produce paperwork we can review to make sure everything is handled, but I don't need to take on the monumental task or be involved with someone looking for a fight.[/quote]
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