How to Create Nominee Form 1099s for an Estate
How to Distribute a Decedent’s Assets
Calculate Decedent, Estate, or Trust Business Income and Capital Gains and Losses

10 Common Pitfalls for Estate and Trust Administrators to Avoid

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Don't fail to terminate an existing real estate purchase and sale agreement.

As far as costly mistakes go, not ending an existing real estate purchase and sale agreement when the decedent (or deceased) is the seller is huge! Keeping the original agreement in place may substantially increase the taxes you’ll owe on the sale, costing the estate, and the eventual heirs, big-time.

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