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Executors & Fiduciaries Archives

Understanding fiduciaries and the important role they fill

Some of the terminology surrounding estate planning can be confusing. However, most of the terms you hear can be explained quite easily. Fiduciary is one such term and it simply means a person who has the responsibility of administering an estate for someone who has died. Depending on specific circumstances, a fiduciary may also be known as an executor or an administrator.

Miles Davis heirs very involved in feature film

The heirs of Miles Davis have been working to guard his legacy for years. It's not something the former music legend was explicit about, said Davis' son. The son said Davis trusted all of his heirs, and they believe he would want them to safeguard his music and other creative works.

Qualities to look for in an estate executor

Often during estate planning, individuals and even attorneys become so focused on creating airtight documents, they may overlook the small but crucial details until the last minute. Choosing the right executor is one such details that some may put off until later. Sometimes this can mean that the person creating a will or a full estate plan has not given the role of executor enough consideration.

Understanding someone's reticence to give up financial control

On of the matters of estate and financial planning that can come up in later years is whether someone still has the capacity to manage all of their own finances. While this is certainly a realistic consideration in many cases, it can be a difficult consideration for many older individuals who are facing what they perceive as a growing loss of independence in their later years.

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Weinstein & Randisi
290 Linden Oaks, Ste. 200
Rochester, NY 14625

Toll Free: 800-768-1780
Phone: 585-310-1578
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