00:04
so a professional fiduciary is a great
00:06
thing to think about if you don’t have
00:08
anyone in your life that you trust
00:12
to handle your financial affairs say you
00:15
have minor children
00:16
and no one really around you in your
00:19
circle of trusted people
00:21
that you would want to have handle the
00:23
money that you’re
00:25
going to be giving to your children at
00:28
your passing
00:29
a professional fiduciary can assist
00:32
and they’re great also for when you have
00:34
some interesting family dynamics
00:37
they are a neutral third party these
00:40
people are
00:41
bonded licensed by the state of
00:44
california
00:45
they’re an excellent choice to make if
00:48
you don’t really have someone in your
00:49
life that you feel like would be a good
00:52
choice to handle these things
00:54
also they do this day in and day out
00:57
so you’re not overwhelming someone who’s
01:00
got a full-time job with the burden of
01:02
being your trustee
01:03
this is what their job is and most
01:06
professional fiduciaries that
01:07
i work with charge an hourly rate
01:10
a very reasonable rate and i have
01:14
specific people that i would recommend
01:16
so i would encourage you to discuss
01:18
a professional fiduciary with your
01:20
attorney if that’s
01:22
something in your life that you thought
01:23
would be necessary