A Step-by-Step Guide to Estate and Trust Administration
Author: Douglas D. Wilson
Publisher: Simon and Schuster
Offers information for executors and trustees on carrying out the terms of a will or trust, including assest distribution, terminating existing accounts, opening an estate bank account, and closing the estate.
Estate and Trust Administration For Dummies, 2nd Edition (9781119543879) was previously published as Estate and Trust Administration For Dummies, 2nd Edition (9781118412251). While this version features a new Dummies cover and design, the content is the same as the prior release and should not be considered a new or updated product. Your plain-English guide to administering an estate and/or trust As more and more of the population reach senior ages—including baby boomers, many of whom do not have wills—an increasing number of people are being thrust into the role of executor, administrator, personal representative of an estate, or trustee of a trust after the death of a loved one. This updated edition of Estate & Trust Administration For Dummies guides you through the confusing process of administering an estate and/or trust. Settling an estate and administering a trust can be complicated, messy, and time-consuming for individuals named as executor or trustee, most of whom have no previous experience with such matters. Estate & Trust Administration For Dummies shows you how to make sound decisions for your unique circumstances. Guides you through the confusing process of administering an estate and/or trust Provides expert advice on unfamiliar estate and trust tax law Gives you a practical checklist to follow for all of your estate and trust administration questions and concerns Whether you're looking for guidance on how to navigate the probate process and estate taxes, settle debts and bequests, fund a trust, comply with tax regulations, or anything in between, this hands-on, friendly guide takes away the mystery and provides detailed answers to all of your estate and trust administration questions.
CCH's 1041 Express Answers is the ideal quick-answer tool for busy tax practitioners who prepare fiduciary income tax returns. Updated annually, 1041 Express Answers is a spiral-bound resource that helps practitioners prepare Form 1041 tax returns quickly, easily and accurately -- with practical, plain-English guidance that clearly explains the rules and procedures that the preparer needs to know to correctly complete the required tax forms. It is designed specifically for busy tax practitioners who need a ready answer to questions that arise while actually preparing the return.
Kimberley Scott Neufeld Esq.'s Book ... before this, there was her idea.... https://www.youtube.com/watch?v=XZ_3Ud19CaQ
Author: Lyndon Maither, CFE, B.Comm.
Publisher: Lyndon Maither
"In order to be in love, you have to know someone's language." A 1,350+ concentrated case-intensive analysis of the Cda. ITA treatment of testamentary common-law estates and the private common-law trust environment illustrating legal argument from case in Canada, the UK, Aust and NZ showing "curiosities and anomalies" where the Act just doesn't keep up with the dexterity of the environment: the ITA didn't apply to the underlying law. This book brings out where they are out of sync, generally with case quote from the above commonwealth common-law states. Case is chosen from these jurisdictions since there is so little well established case on the interpretation of these provisions and since all have to fiscally address the same situation: if you can find a stream of thought in one, it may be persuasive in Canada. Meant to bring to Finance Canada's attention, without judicial proceeding, 'battles' that could be lost on the premise that our government doesn't have to lose a case to evolve the Act for the better: sorry, "I'm not a Bronfman (look it up - some guy by the name of Harris, at the FCA, did)". The polished "edge of the world" in Canada, federally (beyond this lies nothing, relevantly). To be read last, read the others first. And if you find different conclusions, point them out, substantiated. If you spend 6 years in the best of libraries on the subject, vacuuming all the case you can, which is a lot - though I'll tell you there is a finite amount of it, and digest it while looking at the ITA as a conceptual "battle-line" of legal concepts and syllables w/ meaning, this is what you'll have as well.
A Step-by-step Guide for Executors and Personal Representatives
Author: Benjamin Berkley
Publisher: Sphinx Publishing
Category: Business & Economics
A Step-By-Step Guide to Settling a Loved One's Estate You?ve lost someone close to you, and now you?ve been named the executor of the estate. What does that entail? What does that even mean? The Complete Executor's Guidebook takes you step-by-step through the confusing probate process from start to finish. This book explains everything you need to know to successfully serve as an executor of an estate in a simple, easy-to-understand way. --I?m not a lawyer. What do all of these words mean? --Do I have to be the executor of an estate if I?m named, or can I turn it down? --What exactly does an executor have to do? --What if I make a mistake? --Can I get in trouble? --How long will the entire process take? --Will I get paid for being an executor? --What if there is something wrong with the will? --What if there isn?t a will at all? The Complete Executor's Guidebook will help you through the entire process and keep you from making some very costly mistakes. This is the best book to give you the legal support you need at a time when you need it the most. ?This easy to read, well-organized and practical guide for executors is...written from personal experience by an estate planning attorney who knows his stuff.? -John Palmer, Host, The Prudent Advisor, Retirement Living Television and former news anchor, The Today Show
A revocable living trust is a type of trust created for the purpose of holding ownership of an individual's assets during that person's lifetime, and for distributing those assets after their death. This particular type of trust can be an excellent tool for solving a number of issues confronting individuals and families today, including the avoidance of probate, the management of property during periods of incapacity, the protection of property for beneficiaries who can't handle an inheritance on their own, protecting assets from disgruntled heirs, the elimination or minimization of federal estate taxes, and the assurance that personal affairs will remain private. This self-help legal book provides you with step-by-step instructions, detailed information and all the legal forms necessary to enable you to establish your own revocable living trust.