Estate and Trust Administration For Dummies

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 records

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