Estate and Trust Administration For Dummies

by ;
Edition: 1st
Format: Paperback
Pub. Date: 2008-11-24
Publisher(s): For Dummies
  • Free Shipping Icon

    This Item Qualifies for Free Shipping!*

    *Excludes marketplace orders.

List Price: $23.09

Rent Book

Select for Price
There was a problem. Please try again later.

New Book

We're Sorry
Sold Out

Used Book

We're Sorry
Sold Out

eBook

We're Sorry
Not Available

How Marketplace Works:

  • This item is offered by an independent seller and not shipped from our warehouse
  • Item details like edition and cover design may differ from our description; see seller's comments before ordering.
  • Sellers much confirm and ship within two business days; otherwise, the order will be cancelled and refunded.
  • Marketplace purchases cannot be returned to eCampus.com. Contact the seller directly for inquiries; if no response within two days, contact customer service.
  • Additional shipping costs apply to Marketplace purchases. Review shipping costs at checkout.

Summary

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 recordsYes, you can do the job and do it well. All you need is a little help from Estate and Trust Administration For Dummies.

Author Biography

Margaret Atkins Munro, EA, is a tax advisor, writer, and lecturer with more than 30 years' experience in trusts, estates, family tax, and small business. Kathryn A. Murphy, Esq., is an attorney with over 20 years' experience administering estates and trusts and preparing estate and gift tax returns.

Table of Contents

Introduction
Discovering the World of Estates and Trusts
Functioning in a Fiduciary World
Estates 101: Exploring the Ins and Outs of Estates
The Lowdown on Trusts: Identifying the Different Types
Assembling Your Team Members and Knowing When to Use Them
Administering an Estate
Taking the First Steps after Death
Navigating the Probate Process
Marshalling and Liquidating Assets
Paying the Debts, Expenses, Bequests, and Devises from the Estate
Closing the Estate
Operating a Revocable or Irrevocable Trust
Understanding the TrusteeÆs Duties
Funding the Trust
Investing the TrustÆs Assets and Paying Its Expenses
Paying Trust Benefi ciaries
Creating and Keeping Trust Records
Terminating the Trust
Paying the Taxes
Preparing the Estate Tax Return, Part 1
Preparing the Estate Tax Return, Part 2
Filing Income Tax Returns for a Decedent, Estate, or Trust
Reporting Tax Info on Schedule K-1
The Part of Tens
Ten Pitfalls for the Unwary
Ten Types of Taxes You May Have to Pay
Glossary
State-by-State Summary of Probate, Estate, or Inheritance Tax, and Rules of Intestacy
Index
Table of Contents provided by Publisher. All Rights Reserved.

An electronic version of this book is available through VitalSource.

This book is viewable on PC, Mac, iPhone, iPad, iPod Touch, and most smartphones.

By purchasing, you will be able to view this book online, as well as download it, for the chosen number of days.

Digital License

You are licensing a digital product for a set duration. Durations are set forth in the product description, with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.

More details can be found here.

A downloadable version of this book is available through the eCampus Reader or compatible Adobe readers.

Applications are available on iOS, Android, PC, Mac, and Windows Mobile platforms.

Please view the compatibility matrix prior to purchase.