In many areas/ regions of this country, a homeowner, has many choices, in terms of selecting, the right, real estate agent, to serve his best interests, etc. Obviously, since for most of us, our house represents our single – largest financial asset, and this decision, may have a strong impact, on the potential results, one should take this process, extremely seriously, and take the time, and effort, to ensure, selecting the best representation, for your purposes. While, it might be possible, to effectively, train, and develop, agents, so they learn the necessary skills, etc, and, a motivated individual, via a combination of skills, and developed judgment/ wisdom, one’s basic quality of character, must be strongly considered, because while anyone might be able to handle the other needed actions, etc, only the rare person, will maintain absolute integrity, especially when an easier path, might be available. This must also include, that individually, seriously commit, to their legal and ethical responsibility, and duty, to honor, and protect, his client’s fiduciary privacy, etc. With that in mind, this article will attempt to briefly, consider, review, and discuss, some of what, this encompasses.
In my estate planning practice, it is not uncommon to meet with a new client who wants an estate plan prepared, but is a bit vague as to what should be included in that plan. Quite frequently, the initial conversation begins with the client saying something like, “I would like a will… or should I have a trust? Do I need anything else?” Actually, those are good questions to begin a discussion.