How to Determine a Decedent's Domicile
What Happens after Estate Form 706 Is Complete?
How to Use Form 2848 with Estate Form 706

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Step 1 of 10
Next Slideshow
Next Slideshow

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.

  • Add a Comment
  • Print
  • Share


Promoted Stories From Around The Web

blog comments powered by Disqus
How to Complete Lines 4–7 of Part 4: Estate Form 706
Why Every Canadian Should Have a Will and Estate Plan
How to Invest in Bonds for a Trust
How to Complete Schedule F for Estate Form 706
How to Find the Estate Planning Documents