The Trustee'S Legal Companion: A Step-By-Step Guide To Administering A Living Trust
Publish Date: 2010-05-09
Author: Liza Hanks Attorney;Carol Zolla Attorney
Attention: For textbook, access codes and supplements are not guaranteed with used items.
You're the trustee-what now?
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. Here is a guide that you can rely on for help with the legal, personal and practical aspects of administering a living trust.
The Trustee's Legal Companion shows you exactly how to proceed, from handling paperwork to keeping beneficiaries informed, to knowing when to call in the professionals and how to work with them. Find out how to distribute money to the rightful beneficiaries, in keeping with the terms of the trust and state law, as well as a full breakdown of:
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
managing an ongoing trust
paying debts and taxes
keeping good records to avoid challenges to your actions
terminating the trust
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.