When Must You File Estate Form 706?
How to Transfer Real Estate into a Trust
How to Submit a Trust’s Final Income Tax Returns

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.

  • Add a Comment
  • Print
  • Share


Promoted Stories From Around The Web

blog comments powered by Disqus
How to Compile Records of Trust Transactions
How to Obtain a Liability Release for Estate Form 706
How to Complete Lines 9–17 of Part 4: Estate Form 706
Will and Trust Items to Keep Track Of
Does the Estate Need a Special Administrator?