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How to Deduct Interest and Taxes for a Decedent, Estate, or Trust
How to Complete Part 5 of Estate Form 706
What Your Family and Executor Will Need to Know

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.

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