Under Pennsylvania law, the proper terms for the persons in charge of your Estate Planning documents are called your “fiduciaries” and I refer to these people – those in charge – as the “Bosses.” Each boss has powers, and these powers can be summarized very simply.
Pa Estate Law – 5 – Powers – Summary
- Agent (under a Power of Attorney) can help manage all of your affairs.
- Surrogate (under an Advance Directive for Health Care) can execute your end of life decisions.
- Executor (under a Will) can administer your Estate.
- Trustee (under a Trust) can monitor and manage your Trust.
Pa Estate Law – 5 – Powers – Note
Again, and although a technical knowledge of the parameters of these various powers can be useful, it is not the point of this article. The focus is to illustrate that an Agent, a Surrogate, an Executor, and a Trustee can generally possess broad powers to act for you under that respective document.