Rock your resolutions. Take the Dummies challenge and you could WIN $1,000! Get Started.
Consider Beneficiary Needs and the Trust’s Purpose
Farm Income, Ordinary Gains, and Other Income for a Decedent, Estate, or Trust
How to Transfer Cash and Securities into a Trust

10 Common Pitfalls for Estate and Trust Administrators to Avoid

Step 1 of 10
Previous
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
blog comments powered by Disqus
How to Compute Taxes for a Decedent, Estate, or Trust
How to Select a Personal Financial Advisor
Meet Probate Court and Tax Deadlines for Estates and Trusts
How to Organize the Estate Administration Process
Is Your Estate Subject to Federal Estate Tax?
Advertisement

Inside Dummies.com