Executor & Trustee Survival Guide

About this book

Administering an estate or trust can be a daunting responsibility. When you serve as an executor (personal representative) or trustee you are accountable for the financial decisions that you make during the course of administration. Executor & Trustee Survival Guide will assist you in making these decisions and help you properly manage the estate or trust that is in your care. This book will provide you with information on how to: - Limit your liability - Meet legal deadlines - Manage the property - Maintain proper accounting records - Comply with reporting requirements - Handle discretionary distributions - Decide when to hire an attorney accountant or other professional