A fiduciary watches over the estate of their client and makes sure it is maximized efficiently and provides for the welfare of the client.
Sometimes an individual may be incapacitated, their estate must be tended to so that their financial needs can be met.
In the event of a business bankruptcy, businesses must be kept functioning while legal decisions are made as to the disposal of the assets.
If a couple is divorcing and they’ve conducted a business together, it may be necessary for a third party to run the business prior to selling it.
In all of these cases, Practical Heart Fiduciary Services provide sound financial management that conserves and maximizes assets.