What type of assistance can a professional fiduciary give to an individual?
A professional fiduciary can provide as much or as little assistance as is needed. The fiduciary can help pay someone’s bills for them, manage bank accounts, ensure that taxes are filed, rent or sell a house, prevent overspending and other financial assistance. A fiduciary can also bring or defend a lawsuit against an individual and represent them in legal matters, such as setting aside a contract that an individual has entered into as a result of the person’s lack of understanding.