| Edition |
2nd edition. |
| Description |
xv, 412 pages ; 24 cm. |
|
text txt rdacontent |
|
unmediated n rdamedia |
|
volume nc rdacarrier |
| Series |
for dummies |
|
--For dummies.
|
| Note |
Includes index. |
| Summary |
"A plain-English guide to managing an estate."--Back cover. |
| Contents |
Getting started with estate and trust administration. Operating in a fiduciary world ; Exploring the ins and outs of estates ; Identifying different types of trusts ; 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 trustee's duties ; Funding the trust ; Investing the trust's assets and paying its expenses ; Paying trust beneficiaries ; 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 ; Weighing income tax implications ; 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 -- Appendix A: glossary -- Appendix B: state-by-state rules of intestacy and estate or inheritance tax. |
| Subject |
Estates (Law) -- United States.
|
|
Executors and administrators -- United States.
|
|
Trusts and trustees -- United States.
|
| Genre/Form |
Law for laypersons.
|
| Added Author |
Murphy, Kathryn A., author.
|
| Added Title |
Estate and trust administration |
|
Estate & trust administration for dummies |
| ISBN |
9781119543879 (paperback) |
|
1119543878 (paperback) |
|
