How to Complete Part 6 of Estate Form 706
How to Determine a Trust's Schedule of Distributions
How to Complete Schedule M for Estate Form 706

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Don't fail to communicate with heirs and legatees.

Keep heirs and legatees (individuals who have been given specific property under the will) in the loop as much as you can. By letting them know on a regular basis where you are in the process and when they can realistically expect a payment from the estate, you’re stopping most, if not all, of their complaints before they have a chance to even think of them.

  • Add a Comment
  • Print
  • Share


Promoted Stories From Around The Web

blog comments powered by Disqus
How to Create a Filing System for a Trust
How to Obtain Probate Court Approval of an Estate’s Accounts
How to Read a Trust Instrument and Create a Trust Plan
Write a New Property Sale Agreement for an Estate
Documents Needed to Transfer Assets into a Trust