When they can no longer do it themselves.


                        What Is A Fiduciary?



A fiduciary is someone who accepts the responsibility of taking care of the personal needs or property of a vulnerable adult for the benefit of that person and serves in a role of trust. Fiduciaries may serve by court-appointment as guardians, conservators or personal representatives of estates. They also serve by agreement as trustees, representative payees for Social Security income or other income benefit plans, or as agents under powers of attorney.


A guardian is appointed by the probate court to ensure that the personal and medical needs of an incapacitated person are met.


A conservator is appointed by the probate court to manage the financial affairs of someone who is determined by the court to be unable to manage his or her own finances and property.


An estate representative may be appointed or hired to administer and represent the estate of a deceased person.


A personal representative payee is someone who is responsible for managing the financial affairs of an incapacitated person when they are unable to manage it themselves.




When They Can No Longer Do It Themselves.