The Trustee's Legal Companion: A Step-by-Step Guide to Administering a Living Trust
Book Details
Author(s)Liza Hanks, Carol Elias Zolla
PublisherNOLO
ISBN / ASIN1413317707
ISBN-139781413317701
AvailabilityUsually ships in 24 hours
Sales Rank281,796
MarketplaceUnited States 🇺🇸
Description
You’re the trustee -- what now?
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It’s an honor to be entrusted with wrapping up the affairs of a deceased loved one, but it’s also a big task, one you may find stressful and confusing. The Trustee’s Legal Companion shows you exactly how to proceed, keeping in mind the legal, personal and practical aspects of administering a living trust -- all within the terms of the trust and your state's law.
You'll learn exactly how to proceed once you're named as a trustee, including handling paperwork, keeping beneficiaries informed, deciding when and if to call in professionals, and how to work with them once they've been hired. Find out about:
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. what the job of trustee entails
. determining whether or not to take the job
. finding and working with legal and tax experts
. what to do with assets that should be in the trust but aren't
. subtrust funding
. managing an ongoing trust
. paying debts and taxes
. keeping good records and avoiding challenges to your actions
. terminating the trust
. determining whether or not to take the job
. finding and working with legal and tax experts
. what to do with assets that should be in the trust but aren't
. subtrust funding
. managing an ongoing trust
. paying debts and taxes
. keeping good records and avoiding challenges to your actions
. terminating the trust
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Unlike any other legal guide on the market, The Trustee’s Legal Companion is written with both the legal and the human element of the job in mind. It will help you gain peace of mind during a difficult time, while saving you time, money, and headaches.
