What is the trust?

The testimony is someone who accepts responsibility for the care of the property or needs of another person in favor of the person. The person introduces his confidence in the ward to be responsible for the person and to manage, not in favor of the trust. There is a huge element of trust, especially if the person receiving services becomes ill, fragile or unfit. They are appointed by the court for the guards. They can also act as personal representatives of goods. He also works as administrators, representative recipients for income from social security and other income plans or agents under power of attorney. Even different states in America have different rules for Fiduciars. In some countries there are public and privacy wards. The public Fiduciáři is applicated by the supervision council and certified by the state. He may be appointed by the Council to be a guardian or representative when no one else is able to serve or willing to serve. Public ward fees and their employees must be approved by the court and are paid by the estate.

Private ward is a member outside the family, which serves for a fee and must also be certified by the state. A private ward can serve if he is not the recipient of these assets. Private Fiduciars charge hourly rates or fees for specific services they provide. Their fees must be approved by the court and the court determines which fees are considered proportionate.

Fiduciaries cannot be considered as carer. Fuciars will not provide personal services such as bathing, dressing or housework. However, he or she will ensure the provision of these services.

There are also professional fiduciars in most jurisdictions. These fiduciars are usually certified by a court and are governed by a professional trust association. This means that they must become certified and meet specific requirements for competence. Must also undergo initial training and pass a test, provide a set of fingerprints and foldCriminal check in the background. Certification must usually be restored; In some jurisdictions, the recovery period is every two years. In most US states, family members may not be obliged to be certified to serve as a trust for their own family members.