About
Dean Lipsitz is licensed by the State of California as a Professional Fiduciary. He is also a registered member of the National Guardianship Association. He received his MBA in Finance/Accounting at Arizona State University and has completed the Professional Fiduciary Management program for Conservators and Trustees at California State University in Fullerton.
Dean has been a volunteer and Board member of Elder Wisdom Circle (EWC), a non-profit that connects advice-seekers of all ages with a network of older adults across the country. EWC has been featured on ABC, BBC, CBS, Fox, NPR, the Wall Street Journal and Time Magazine.
Services
Accounting and Bookkeeping
Asset Management Services
Bill Payment Services
Conservatorship of Estate
Conservatorship of Person
Daily Money Manager
Estate Administration
Fiduciary Accounting
Power of Attorney
Representative Payee
Trust Administration
References
“He is very responsive, polite, and professional and very well suited to working with frail elders. His patience and understanding in the face of missing or incomplete paperwork is outstanding.”
– K.J.P
“Mr. Lipsitz has impressed me at every turn with his awareness of the financial issues developing along the way and also with his compassion for D.B., and his willingness to do whatever it takes to make things happen for her in a way that would smooth the transition from homeowner to care receiver.”
– Reverend R.H.
“He has gone above and beyond the call of duty in working in behalf of our mother. He is a man of great integrity and honesty. He consults with us and takes into consideration our feelings and opinions on how to handle matters.”
– M.R.
“Dean is an extremely reliable and trustworthy fiduciary. He was a huge help to my Mum, visiting regularly to assist with check writing, financial oversight and management of her mail. Dean provided invaluable support. His involvement meant that Mum felt in control of her finances and we were confident that all was being done, and done correctly. Dean was diligent about reporting to us after each visit, briefing us on what had been discussed and achieved. He was proactive and efficient. Jobs were done immediately and effectively. Dean is kind, calm and patient, all vital when dealing with older individuals. Mum looked forward to her visits with him with great enthusiasm and they are good friends. I can’t think of a more thoughtful, safer pair of hands.”
– F.S. (London, UK)
Fee Rates
Agent Under Power of Attorney / Agent Healthcare Directive
$95 – $190 per hour, depending on tasks involved
Guardianship / Conservatorship of the Person (Guardian / Conservator fees are subject to court approval)
$95 – $165 per hour, depending on tasks involved
Guardianship / Conservatorship of the Estate (Guardian / Conservator fees are subject to court approval)
$95 – $165 per hour, depending on tasks involved
Probate Administration Fees
Fees payable to the Professional Fiduciary as the Personal Representative for customary services are authorized under Probate Code §10800 and, pursuant to Probate Code §10800 are computed on a fee base comprised of gross assets, plus receipts and gains, less losses, as follows:
- 4% of the first $100,000
- 3% of the next $100,000
- 2% of the next $800,000
- 1% of the next $9,000,000
- 0.5% of the next $15,000,000
- Court discretion after $25,000,000
In addition to statutory fees, pursuant to Probate Code §10801, extraordinary fees can be requested for services such as, but not limited to, tax issues, real property sales and litigation. Though fees for extraordinary services are subject to court approval, extraordinary services are charged at the following hourly rates:
$95 – $200 per hour, depending on tasks involved
Trustee Fees
$150 – $200 per hour or 1% per annum, whichever is greater