Estate & Trust Administration For Dummies

Estate & Trust Administration For Dummies
by Kathryn A. Murphy, Margaret Atkins Munro

Estate & Trust Administration For Dummies
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Book Summary Information

Author: Kathryn A. Murphy, Margaret Atkins Munro
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2008-11-24
ISBN: 0470286172
Number of pages: 384
Publisher: For Dummies

Summary of Estate & Trust Administration For Dummies

Executing an estate or a trust fund is a big responsibility. Estate & Trust Administration For Dummies contains advice for handling estates and trusts of any size. It offers solid pointers on reading and interpreting a will and other documents, and helping heirs avoid paying too much (or too little). It also shows you how to take care of a loved one's estate in the event that a will or trust was never created.

This authoritative, plain-English guide helps you understand and follow the rules that govern estates and trusts, ensure a smooth transfer of property, and manage fiduciary affairs in an orderly manner. You?ll get help choosing and assembling a team of professional advisors, settling debts and paying bequests, operating a revocable or irrevocable trust, and making sound trust investment decisions. Discover how to:

  • Understand executors? and trustees? duties
  • Read and interpret important documents
  • Properly execute an estate or trust
  • Handle estates both large and small
  • Get familiar with the probate process and estate taxes
  • Identify different types of trusts
  • Follow the deceased?s wishes ? and the law
  • Notify insurers and employers of a death
  • Follow the steps for closing an estate
  • Establish, fund, and change ownership of a trust
  • Keep proper trust records

Yes, you can do the job and do it well. All you need is a little help from Estate and Trust Administration For Dummies.

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