What Is a Professional Fiduciary and When Should You Appoint One?

When it comes to estate planning and elder care, choosing the right people to act on your behalf is critical. While many people appoint a trusted friend or family member to serve as trustee, executor, or agent, this may not always be the best option. That’s where a professional fiduciary comes in.

What Is a Professional Fiduciary?

A professional fiduciary is a licensed individual or firm who is legally and ethically bound to act in the best interests of another person. In California, professional fiduciaries like Redwood Trust and Probate are regulated by the Professional Fiduciaries Bureau and must meet strict education and licensing requirements.

Roles a Professional Fiduciary Can Play

• Trustee or Successor Trustee

• Executor or Administrator of Estates

• Conservator of the Person or Estate

• Agent under Power of Attorney

• Representative Payee or Special Needs Trustee

When Should You Appoint a Professional Fiduciary?

• You don’t have trusted family or friends to serve.

• Your family dynamics are strained or complicated.

• Your estate involves complex financial or legal matters.

• You want to ensure impartial, professional decision-making.

• You have a vulnerable loved one who needs long-term support.

Why Choose Redwood Trust and Probate?

Redwood Trust and Probate provides experienced, compassionate fiduciary services that prioritize integrity and client dignity. We serve as a steady, impartial hand during some of life’s most sensitive transitions.