Today, it is common for parents to have children living in different states. While distance does not prevent a child from serving in an important role, it can create challenges when an emergency occurs.
An out-of-state child may be a good choice to manage your finances, as many financial tasks can be handled remotely. However, medical decisions often require someone who can meet with doctors, oversee care, and respond quickly in person. Serving as personal representative or trustee may also involve securing property and coordinating with local professionals.
The best estate plan considers not only who should serve, but also how they can effectively carry out their responsibilities. Choosing the right decision-makers can save your family time, expense, and stress.
Call our office to review your plan and make sure it works for your family no matter where they live.
