Springville Journal letter to the editor: Time to write that will? Here is some clarification
Wednesday July 17, 2013 | By:Kevin Mahoney |
I recently found out that I was named as coexecutor in a will for a client.
Our industry is highly regulated and really discourages registered individuals from acting as trustees or executors for clients for many reasons, but mainly because it can create a conflict of interest.
Because of this, I had to decline to serve in that capacity.
Having said that, I ask my clients not to name me in any capacity in their wills, their power of attorneys or health proxies.
Itís an honor to thought that highly of by my clients, but please realize I would be forced to decline. Sorry.
Kevin Mahoney, CPF