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Eldercare
Reply to "Overwhelmed by trustee duties - please help!"
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[quote=Anonymous]He should also have a family meeting on Facetime or in person to get everyone on the same page so there aren't accusations.Some trusts are really complicated and I can tell you sometimes you have to sell assets to pay for care only to find out there is no cost basis which makes taxes a mess. If everyone does not agree to hire out and just have oversight then allow the person who refuses to spend the parent's money, the take over. Be prepared a case manager is very expensive and they can promise you the moon and then you still have no-shows and problems. Figure out as a team long term if you want to make the push for residential or have her age in place and discuss the cost of this. Once again, the person who refuses to lose some inheritance to outsource is welcome to do the job.[/quote]
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