Choosing your fiduciary can be challenging. Even understanding the duties and challenges facing your fiduciary can be difficult. Sometimes you need to consider professional fiduciaries.
What is a professional fiduciary? In Arizona and some other states, there is an industry of professional fiduciaries. Some have legal backgrounds, some social service or financial backgrounds. One of them might be a good fit for your estate planning.
In this podcast episode, we talk about professional fiduciaries and the prevailing practices in Arizona. Not from Arizona? Check with a local elder law attorney about whether you have similar choices in your community.