Estate & Trust Administration For Dummies
Product Type: Book
Product Price: $21.99
Manufacturer: For Dummies
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Description
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.
Reviews
Rating: 1 / 5
Date: 2010-07-16
Summary: "Maybe it will help you talk your attorney?"
I found this book to be practically worthless. If you take the time to thoroughly study the book it may help you understand what the attorney, that you will inevitably have to hire, is talking about. Just hire the attorney, provide the information, and let them handle the paperwork. I found that the only place I could add value was in delivering documents to the clerk of court and paying court fees.
Rating: 4 / 5
Date: 2010-03-31
Summary: "Great book for the novice trust administrator of a small trust"
It is well written and provides good instruction for the successor trustee. It helps with the basic processes of dealing with the IRS and other beneficiaries for an uncomplicated trust.
Rating: 4 / 5
Date: 2010-01-30
Summary: "An Education..!"
Book is filled to the brim with useful information. Everyone at some point will have to deal with estate issues with a spouse, parent, partner, sibling, etc....
The world of fiduciary and financial responsibility is presented in great detail. If your question is not answered here, you will be directed to the proper source.
This book will open your eyes to the minutiae of estate management.
Rating: 5 / 5
Date: 2009-12-10
Summary: "This book covers it all."
We're working on my dad's estate, and so far, the book has covered any questions we have. The book offers a lot of different possibilities, but suggests that we still should have a lawyer and possibly a CPA. The book contains a lot of definitions, so that when we are ready to talk with the attorney, hopefully it will all make sense and save some attorney time.
Rating: 5 / 5
Date: 2009-11-22
Summary: "Great help for difficult times!"
This book provides help for anyone trying to navigate through all the issues
one must face at the end of someone's life, when you realize the government is not through with you just because you are gone,
and all the t's must be crossed and i's dotted! It can be daunting, but this book
lays it out in an orderly fashion! Definitely worthwhile for your library!