Bautista, Bautista, & Associates
Since 1994


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Trustee



Trustee is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner in a trust instrument called a beneficiary. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income, although that is untrue. Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government.



Special Needs Trust



Special Needs Trusts are designed for individuals who are minors or have a physical or mental disability. An SNT allows the client to receive essential needs-based government benefits as well as their own/inherited assets. An SNT is a specific type of irrevocable trust. Irrevocable trusts can be used as a method of asset protection especially when the client is unable to make his or her own financial decisions.



Conservatorship



Conservatorship is a legal concept in the United States. A guardian or a protector is appointed by a judge to manage the financial affairs and/or daily life of another due to physical or mental limitations, or old age. A person under conservatorship is a "conservatee," a term that can refer to an adult. A person under guardianship is a "ward," a term that can also refer to a minor child. Conservatorship may also apply to corporations and organizations.



Executor / Estate Administrator



The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. Where a person dies intestate (i.e. without a will), the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down at law. Such a person is known as the administrator of the estate and will enjoy similar powers to those of an executor under a will.



Durable Power of Attorney



A Power of Attorney (POA) or Letter of Attorney is a written authorization to represent or act on another's behalf in private affairs, business, or some other legal matter. The person authorizing the other to act is the principal, grantor, or donor (of the power). The one authorized to act is the agent, attorney, or in some common law jurisdictions the Attorney-in-Fact.



Advanced Health Care Directive



An Advance Health Care Directive, also known as living will, personal directive, advance directive, medical directive or advance decision, is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity. It only becomes effective under the circumstances delineated in the document and allows one to either appoint a health care agent (also known as “Durable Power of Attorney for Health Care,” “Health Care Proxy,” or “attorney-in-fact”), who will have the legal authority to make health care decisions for the individual if he or she is no longer able to speak for him- or herself, or prepare instructions for health care, which allows one to make specific written instructions for his or her future health care in the event of any situation that he or she becomes incapacitated It outlines the individual’s wishes about life-sustaining medical treatment if he or she is terminally ill or permanently unconscious, for example.


Bautista, Bautista, & Associates Fiduciary Services is licensed and bonded for $18 million in assets. Phillips Bonding and Insurance Agency, Inc. bonding agent, Mark Piccolotti serves as a reference. He can be reached at (925) 687-4400.





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