Lots of risk, compensation probably not worth the effort, no way to please everybody, and almost no upside potential for any long-term relationship.
H-m-m, I wonder which of the above would caused me to be favorably inclined to do this?
Conflict of Interest
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Conflict of Interest
A long time client asked if I would serve as trustee to their trust. Only reason is no other family member seems to be in good enough health. I have not looked at the trust yet but it seems cut and dry; 90 year old client still lives in his home which would have to be sold at time of death.
Has anyone ever performed this service for a client? Would it be considered conflict of interest? I can deal with paper but I'm not sure I want to deal with house and personal things.Tags: None
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