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The Complete Guide to Trust and Estate Management: What You Need to Know About Being a Trustee or an Executor Explained Simply
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BDT 3727
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With the help of this new book, you will understand the complex process of carrying out a person’s final wishes.
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- One of the most critical decisions a person must make when crafting a will or establishing a trust is whom to name as executor or trustee. Being chosen for these important jobs is an honor, and you must know how to perform the tasks correctly. With the help of this new book, The Complete Guide to Trust and Estate Management, you will understand the complex process of carrying out a person s final wishes. This book will provide insight whether you are a lawyer, accountant, financial consultant, spouse, adult child, relative, or friend; the simple, easy to understand language makes this book accessible to everyone. You will become familiar with many estate and trust management terms, such as beneficiary, probate, remaindermen, trust agreement, trust property, trustor, and trustee. In addition, you will learn the many duties and responsibilities of an executor, including the disbursement of property to the beneficiaries, collecting and arranging for the payment of debts, approving and disproving creditors claims, calculating taxes, filing forms, assisting the estate attorney, acting as the representative of the estate, inventorying and appraising the assets, and acting in the best interests of the deceased. After reading this book, you will know how to initiate probate; how to preserve the value of the estate; how to notify beneficiaries; how to send notices to the post office, banks, utilities, and credit card companies; how to file for Social Security, civil service, and veteran benefits; how to file tax returns; and how to file state death and federal estate tax returns. As executor, you will be responsible for settling the deceased person s estate and as trustee, you will be responsible for holding and administering the trust assets in the best interests of the trust s beneficiaries. Using this book as a guide, you can be assured that you will be prepared to properly perform the necessary duties entrusted to you.
| Publisher | Atlantic Publishing Group Inc. |
| Publication date | November 15, 2010 |
| Edition | Illustrated |
| Language | English |
| Print length | 288 pages |
| ISBN-10 | 1601382014 |
| ISBN-13 | 978-1601382016 |
| Item Weight | 15.2 ounces (430.92 grams) |
| Dimensions | 6 x 0.65 x 8.8 inches (15.2 x 1.7 x 22.4 cm) |
Who Should Buy?
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New Trustees
Individuals who have recently been appointed as trustees and need a simplified understanding of their responsibilities.
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Executors of Estates
People tasked with executing wills who require clear guidance on legal and administrative duties involved in estate management.
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Legal Students
Students pursuing law who want comprehensive, yet easy-to-grasp information on trust and estate law principles.
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Experienced Professionals
Those already well-versed in estate management may find the content too basic or lacking depth for their needs.
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BDT 3727
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Features & Benefits
- Learn crucial tasks for executors and trustees.
- Accessible language designed for all readers.
- Understand key estate and trust management terminology.
- Step-by-step guide on settling estates and administering trusts.
- Prepare to handle legal obligations and responsibilities confidently.
- Ensure you act in the best interests of the deceased and beneficiaries.
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