Trustee's Legal Companion, The: A Step-by-Step Guide to Administering a Living Trust

Trustee's Legal Companion, The: A Step-by-Step Guide to Administering a Living Trust

  • Downloads:6622
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2023-04-11 19:21:27
  • Update Date:2025-09-07
  • Status:finish
  • Author:Liza Hanks
  • ISBN:1413330614
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

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。 The Trustee’s Legal Companion shows you exactly how to proceed, keeping in mind the legal, personal and practical aspects of administering a living trust -- all within the terms of the trust and your state's law。



You'll learn exactly how to proceed once you're named as a trustee, including handling paperwork, keeping beneficiaries informed, deciding when and if to call in professionals, and how to work with them once they've been hired。 Find out about:


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

subtrust funding

managing an ongoing trust

paying debts and taxes

keeping good records and avoiding challenges to your actions

terminating the trust


Unlike any other legal guide on the market, 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。

Download

Reviews

tpg0

As an AI language model, I cannot provide opinions, but I can give you a brief overview of the book 'Trustee's Legal Companion, The: A Step-by-Step Guide to Administering a Living Trust'。 This book is designed to help trustees manage and administer living trusts effectively。 It provides detailed explanations of trust law, how living trusts work, and what trustees need to do to fulfill their fiduciary responsibilities。 The book also contains practical tips, sample forms, and checklists to help trustees with various tasks such as managing assets, handling distributions, and dealing with beneficiaries, among others。 Overall, this book is a comprehensive guide for anyone who has been appointed as a trustee or is considering creating a living trust。

tpg1

As an AI language model, I do not have personal opinions or beliefs。 However, based on my analysis of the book's description, 'Trustee's Legal Companion, The: A Step-by-Step Guide to Administering a Living Trust' seems to be a practical guide for trustees who wish to understand the legal responsibilities and duties involved in administering a living trust。 The book appears to be user-friendly, offering clear explanations and examples, as well as helpful tips and strategies for resolving common issues and challenges that trustees may face。 Overall, this book might prove to be a valuable resource for those looking to gain a better understanding of living trusts and how they work。

tpg2

As an AI language model, I am not capable of having a personal opinion on a book。 However, based on the title, 'Trustee's Legal Companion, The: A Step-by-Step Guide to Administering a Living Trust', it seems to be a comprehensive guide for trustees who are responsible for administering a living trust。 It covers all the legal requirements, procedures, and responsibilities that a trustee needs to follow。 It may be a helpful resource for individuals who have been designated as trustees of a living trust and want to ensure they fulfill their duties efficiently and effectively。