Estate & Trust Administration For Dummies *(ebook)
Estate and Trust Administration For Dummies, 2nd Edition (9781119543879) was previously published as Estate and Trust Administration For Dummies, 2nd Edition (9781118412251). While this version features a new Dummies cover and design, the content is the same as the prior release and should not be considered a new or updated product. Your plain-English guide to administering an estate and/or trust As more and more of the population reach senior ages—including baby boomers, many of whom do not have wills—an increasing number of people are being thrust into the role of executor, administrator, personal representative of an estate, or trustee of a trust after the death of a loved one. This updated edition of Estate & Trust Administration For Dummies guides you through the confusing process of administering an estate and/or trust. Settling an estate and administering a trust can be complicated, messy, and time-consuming for individuals named as executor or trustee, most of whom have no previous experience with such matters. Estate & Trust Administration For Dummies shows you how to make sound decisions for your unique circumstances. Guides you through the confusing process of administering an estate and/or trust Provides expert advice on unfamiliar estate and trust tax law Gives you a practical checklist to follow for all of your estate and trust administration questions and concerns Whether you're looking for guidance on how to navigate the probate process and estate taxes, settle debts and bequests, fund a trust, comply with tax regulations, or anything in between, this hands-on, friendly guide takes away the mystery and provides detailed answers to all of your estate and trust administration questions. Read more
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Why Must Read Estate & Trust Administration For Dummies?
This book is mainly for wills not trusts. The problem with most of these books on trusts is that they are not clear on exactly how to administer one if you're the Trustee. They say vague things like, "Send the trust documents to the bank with your ID." Or they say beneficiaries can vote to remove a Trustee. How is this done exactly? These books are too vague on the actual mechanics of how all this works. And no, you don't send the entire huge binder of all the pages of a trust to every bank or financial institution. When you're the Trustee, you use the Trust Certificate (a two-page document) but NONE of the books I've read including this one, points this out. It's like Trusts are shrouded in mystery. No one seems to have any idea how they work.
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