What Are Grantor-Retained Trusts All About?
Charitable Deductions for a Decedent, Estate, or Trust
Going Beyond a Will: Other Estate-Planning Documents You Need

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Don't exercise poor fiduciary judgment.

As more people have started investing personally, they think they’ve become much more sophisticated and knowledgeable about the entire investment process. And they’ve also become much more likely to comment unfavorably on your handling of the trust or estate’s assets.

As the executor and trustee, you must act prudently and deliberately, seeking advice when you need it, investing the assets wisely, and paying the bills and the beneficiaries when they’re due to be paid.

  • Add a Comment
  • Print
  • Share

Recommends

Promoted Stories From Around The Web

COMMENTS »
blog comments powered by Disqus
How to Transfer Cash and Securities into a Trust
Estate & Trust Administration For Dummies Cheat Sheet
Alternate and Special Valuation: Part 3 of Estate Form 706
Estate Planning with Homestead Statutes in Mind
How to Compile a Trust’s Correspondence