It is important for you to have a team that has your best interest in mind.  Do you and your team know what is expected of them?  Let’s look at the make-up of the estate planning team and their responsibilities.

Attorney –

• An individual, licensed by the state to prepare legal documents including: Wills, Trusts, Power of Attorney, Medical Powers of Attorney

Financial Adviser –

• Creates a financial plan that includes investments, insurance and retirement accounts

Certified Public Accountant (CPA) –

• Prepares tax returns and assists in tax planning

Personal Representative –

• A corporate trustee and/or individual named in your will to settle your estate

Trust Officer –

• Responsible for the day to day administration of your trust

Trustee –

• A corporate trustee that works with the trust beneficiaries to meet the beneficiaries needs and distributes the trust assets as set forth in your document

Credit Union Branch Manager –

• Assists you with checking, savings and other transactional needs and is a resource for other important information & services