Estate & Trust Administration For Dummies

Navigate estate and trust processes with ease Find simple explanations to help comply with tax regulation Make sense of unfamiliar administration terms Your plain-English guide to managing an estate Administering an estate or a trust is a big responsibility. This practical, authoritative guide contains advice for handling estates and trusts, whether large or small, and will help you discover what powers you have as trustee, what duties you're expected to perform, and how to keep the necessary records. It also explains how to read and interpret documents, take care of a loved one's estate in the event he or she never created a will, and help the estate or trust avoid paying too much (or too little) in taxes. Inside... Guidance on probate processes Advice on liquidating assets The duties of trustees Filing returns for a relative The pitfalls of administration Tips on finding expert help Ten taxes you may have to pay