How to Complete Schedule C for Estate Form 706
Does the Estate Need a Temporary Executor?
How to Compile Supplemental Documents 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 Time Payments In and Out of an Estate
How to Fund a Trust with Life Insurance
How to Allocate Income on Schedule K-1 for Estates and Trusts
What are Marital Trusts?
What Your Family and Executor Will Need to Know