The Trustee's Legal Companion: A Step-by-Step Guide to Administering a Living Trust
You€re the trustee -- what now?
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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:
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. 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
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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.
