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Old School
Posts: 102
| If someone asks you if you are willing to be her or his Estate Trustee, Executor, Attorney for Property or guardian of children, you should not automatically say “Yes”. Acting in any one of these fiduciary capacities can be seen to be an honour but there are very serious responsibilities involved which should not be undertaken lightly. Those responsibilities include, but are not limited to, carrying out the instructions of the person who has appointed you without allowing personal interests to interfere. You also have an obligation to account to those individuals who have a financial interest in what you are doing. Failure to carry-out your duties efficiently and responsibly can result in court-imposed sanctions against you.
Thanks
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