Trusts & Estates

read
Trusts & Estates

How Naming a Family Financial Assistant Makes Handling the Clients Affairs Easier for Everyone Involved

By: Timothy B. Borchers, Esq.

Timothy B. Borchers reccomends that clients in the 65 to 70 and older age range select a member of the family who would be their go-to person to learn the ropes and eventually assist them on financial matters. This person is not a fiduciary and has no liability per se – he or she does not have power of attorney and is not a trustee, though the person most often is the individual that has been chosen to fill such roles. The thinking here is that the Assistant is first identified as a helpmate to become involved if not right away, perhaps in the not-too-distant future, to keep the client out of the financial abyss of their later years.

To learn more about the benefits of a Family Financial Assistant, please fill out the form below.


Complete the form to get your free guide

Related Resources

read
Trusts & Estates

2025 Federal Exemptions & Rates: Quick Reference Guide

Save time with our consolidated Federal Estate, Gift, and GST Tax Exemptions & Rates: Quick Reference Guide—a must-have for estate planning attorneys seeking quick access to key transfer tax data.

Learn More
Quarterly teaser Issue No Teal Bar
read
Trusts & Estates

WealthCounsel Quarterly, Volume 19, No. 2—Spring 2025 Issue

This Spring issue addresses important topics such as summaries of recent notable developments in estate planning, elder law, and business law, and much more.

Learn More
250407 National Elder Law Awareness Month landing page eb 1
read
Trusts & Estates

National Elder Law Month 2025 - Free Marketing Package

May is National Elder Law Month, and it is an ideal opportunity to educate both potential clients and professionals in your referral network about important elder law topics.

Learn More

Get the Premier Magazine for Industry Thought Leaders