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How to Distribute the Residue of a Decedent’s Estate
How to Diversify Mutual Funds for a Trust
Where to Pay State Income Taxes on an Estate

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Don't create a feeding frenzy when splitting personal property.

Nothing alienates family members like weddings and funerals, and nowhere is this more apparent than when you’re dividing up the decedent’s personal property among his or her heirs. If the decedent failed to leave instructions regarding who was to receive what property, your job as executor is to keep the situation under control.

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