#761 Musings Beyond the Bunker (Thursday September 28)
musingsbeyondthebunker.substack.com
Good morning, Lauren related to me some advice she and her classmates received from their Wills and Trusts professor on first day of class. He looked around the room and said, “If anyone ever asks you to be an executor or trustee, politely say no.” I currently am filling this role and it is work. Those of you who have had this responsibility understand what I mean. Imagine having to pull together all the various financial aspects of someone’s life—bank accounts, property, automobiles, insurance policies, stocks, and personal effects and then having to comply with the requirements of insurance companies and banks to close accounts and open new ones. Add into this the responsibility to be informative, transparent, and sensitive to grieving family members as one tries to complete these tasks with empathy and understanding. It is easier when, as in the present case, the family members are wonderful and cooperativegf. I wouldn’t want to deal with some families I know in a similar situation!
#761 Musings Beyond the Bunker (Thursday September 28)
#761 Musings Beyond the Bunker (Thursday…
#761 Musings Beyond the Bunker (Thursday September 28)
Good morning, Lauren related to me some advice she and her classmates received from their Wills and Trusts professor on first day of class. He looked around the room and said, “If anyone ever asks you to be an executor or trustee, politely say no.” I currently am filling this role and it is work. Those of you who have had this responsibility understand what I mean. Imagine having to pull together all the various financial aspects of someone’s life—bank accounts, property, automobiles, insurance policies, stocks, and personal effects and then having to comply with the requirements of insurance companies and banks to close accounts and open new ones. Add into this the responsibility to be informative, transparent, and sensitive to grieving family members as one tries to complete these tasks with empathy and understanding. It is easier when, as in the present case, the family members are wonderful and cooperativegf. I wouldn’t want to deal with some families I know in a similar situation!