Charitable Deductions for a Decedent, Estate, or Trust
Where to Pay State Income Taxes on an Estate
What Powers Are Granted to a Trustee?

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Don't take nonsanctioned shortcuts.

Although you may want to look for ways to reduce your workload, resist the temptation to find an easier route through the administration process. Failure to follow through on any of your responsibilities may open you up to removal as fiduciary, as well as potential lawsuits from any person having an interest.

  • Add a Comment
  • Print
  • Share

Recommends

Promoted Stories From Around The Web

COMMENTS »
blog comments powered by Disqus
How to Locate a Decedent's Assets in Safes and Computer Files
How to Complete Schedule O for Estate Form 706
Does an Estate Need Ancillary Administration?
Estate Planning First Steps: How Much Is Your Estate Worth?
Who Administers Estates When Someone Dies or Needs Representation?