How to Complete Schedule K and L for Estate Form 706
Avoiding Estate Taxes with an Irrevocable Life Insurance Trust
How to Complete Lines 9–17 of Part 4: Estate Form 706

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Don't miss court deadlines.

Courts hate to be ignored. Make sure that you place all the probate court’s deadlines on your calendar, circled and underlined. Even if you haven’t been able to complete the task set by the court (preparing the probate inventory, for example), showing up to explain why you’re unable to comply usually buys you additional time. Fail to appear, and the courts often demand immediate compliance.

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