My brother is currently my POA, Medical POA, Executor, etc., but I know he and his wife rather not bother with this. How can I go about finding someone that will see to my affairs when I get older and unable to? I'm assuming I will have to hire someone.
- I'm mentally competent but physically incapacitated:
-- I have a living trust with my best friend and neighbor as successor trustee. She can sell my house and manage all things in my trust (everything that can be in a living trust is listed there).
-- She has my medical and general POAs, my living will, and specific POA for the few things that cannot be in the trust (like my IRA).
- I'm mentally incompetent, regardless of physicality:
-- My living trust shifts to my bank's trust department. They manage everything within the trust, which is the bulk of my stuff. They charge a small percentage of my estate every year.
-- For the few things not in the trust, my friend takes care of with the POAs
- I'm dead: the bank is my executor and takes care of everything. Their service fee is a percentage of my estate.