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Difference between revisions of "Four Key Duties of a Fiduciary"

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===Protect Martina's property===
===Protect Martina's property===
Keep Martina’s money and property safe.  
Keep Martina’s property safe.  


You may need to put valuable items in safety deposit boxes or change locks on property. Make sure her home and any other property is heated (in cold weather) and insured.  
You may need to put valuable items in safety deposit boxes or change locks on property. Make sure her home and any other property is heated (in cold weather) and insured.  
Make sure bank accounts earn interest if possible and have low or no fees. Review bank and other financial statements promptly.
Find out if anyone owes Martina money, and try to collect it. This may include going to court.


Check any insurance policies. Cancel any policy Martina doesn't need. If Martina will be out of the home for any extended period of time, consider getting vacancy coverage. Insurance coverage may be denied if a home vacant for a certain period of time.
Check any insurance policies. Cancel any policy Martina doesn't need. If Martina will be out of the home for any extended period of time, consider getting vacancy coverage. Insurance coverage may be denied if a home vacant for a certain period of time.
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