Does the Estate Need a Special Administrator?
How to List a Decedent's Large Assets
How to Invest an Estate to Minimize Income Taxes

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


Promoted Stories From Around The Web

blog comments powered by Disqus
Eight Transfer and Income Tax Provisions in the "Fiscal Cliff Act"
How to Manage Small Business Stocks for a Trust
What Are Qualified Subchapter S Trusts and Electing Small Business Trusts?
Make Proper Payments from the Trust Income and Principal
Penalties and Extensions for Estate Taxes