9,075
edits
Difference between revisions of "More Things You Should Know About Being an Attorney"
Jump to navigation
Jump to search
More Things You Should Know About Being an Attorney (view source)
Revision as of 23:25, 19 March 2018
, 23:25, 19 March 2018→If there are other types of fiduciaries involved
Drew Jackson (talk | contribs) |
Drew Jackson (talk | contribs) |
||
| Line 19: | Line 19: | ||
The Public Guardian and Trustee may be appointed as Martina’s “statutory property guardian” if she is determined to be incapable of managing her financial affairs. If this happens, every power of attorney given by Martina is '''suspended'''. The Public Guardian and Trustee will determine whether they should take over and end the power of attorney, or whether the attorney should continue to act. | The Public Guardian and Trustee may be appointed as Martina’s “statutory property guardian” if she is determined to be incapable of managing her financial affairs. If this happens, every power of attorney given by Martina is '''suspended'''. The Public Guardian and Trustee will determine whether they should take over and end the power of attorney, or whether the attorney should continue to act. | ||
Alternatively, Martina may have a “pension trustee”. This is a person appointed by a government agency to manage government money paid to someone (such as an Old Age Security pension). | Alternatively, Martina may have a “pension trustee”. This is a person appointed by a government agency to manage government money paid to someone (such as an Old Age Security pension). Your power of attorney should override any "pension trusteeship". Notify the person or agency appointed. | ||
It is important to work with these other fiduciaries, and keep them informed. | It is important to work with these other fiduciaries, and keep them informed. | ||