While probates administrations are less common today, with trusts being more widely used in modern estates, from time to time cases arise where a will has been left with no other estate planning. Premiere Fiduciaries had a recent client where a public probate administrator was appointed by the individual to serve as the executor of his will. The estate was so small that it was not accepted by the public administrator’s office because it was cost prohibitive. However, the fami

While it is rare, there are occasions where a family may set up a Special Needs Trust such as when a lawsuit has been filed on behalf of a minor. A client of Premiere Fiduciaries had an injury at childbirth which resulted in a medical malpractice lawsuit. A settlement was reached to meet the child’s special needs throughout childhood and into adult life because the child will never function independently. The parent’s received a small settlement. The remainder was placed in a

This week we share the story of Eileen who hired Premiere Fiduciaries as Trustee and as agents for health care and finances. We came to meet Eileen because a friend of hers was assisting with her business matters and managing her investments but was becoming overwhelmed. She and her friend communicated with an attorney to identify the best type of assistance for her which was a Trustee, agent for health care decision and agent for finances. Eileen owned property in and out of