Who Should You Include in Your Trusted Contacts?

Who Should You Include in Your Trusted Contacts?


The decisions you make throughout the estate planning and estate settlement process have far-reaching consequences for you and your loved ones. Therefore it is critical that you build a team of trusted advisors to support you along your journey. We call this team your “Trusted Contacts.”

Your “Trusted Contacts” can include professionals, such as an attorney and a financial planner, as well as important family members and friends who have certain designations in your Will or other legal documents. Depending on your individual circumstances and needs, we recommend considering the following individuals for your Trusted Contacts:

  • Executor/Personal Representative
  • Beneficiaries (including your spouse, if applicable)
  • Attorney
  • Financial planner or investment manager
  • Trust officer
  • Certified Public Accountant
  • Insurance agent
  • Real estate agent

 

Business owners might also consider including a potential successor or trusted colleague.

Often times, your Trusted Contacts has a designated leader. This individual will take on a dominant role in coordinating with the other members and ensuring they stay apprised of developments along the way.

Fifth Third Bank does not provide tax or legal advice. Please consult your tax adviser or attorney before making any decisions or taking any action based on this information. This information is provided for educational purposes only and does not constitute the rendering of tax or legal advice. Fifth Third Bancorp provides access to investments and investment services through various subsidiaries, including Fifth Third Securities. Fifth Third Securities is the trade name used by Fifth Third Securities, Inc., member FINRA/SIPC, a registered broker-dealer and a registered investment advisor registered with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training. Securities and investments offered through Fifth Third Securities, Inc. and insurance products: Are Not FDIC Insured | Offer No Bank Guarantee | May Lose Value Are Not Insured By Any Federal Government Agency | Are Not A Deposit Insurance products made available through Fifth Third Insurance Agency, Inc. © 2018 Fifth Third Bank Excerpt from Fifth Third Bank LegacyLink.