Title
Trustee's Legal Companion, The: A StepbyStep Guide to Administering a Living Trust,Used
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You're the trustee. Now What?Serving as the trustee of a living trust after someone has died can be a big taskand you probably wonder just where youre supposed to start. The Trustees Legal Companion contains the help you need to get organized, get moving, and do a good job.Youll learn how to: decide whether or not to take on the job of trustee set up ongoing trusts for the surviving spouse, children or someone with a disability invest trust assets get help from lawyers, accountants, financial planners and other experts prepare accountings handle taxes develop good relationships with beneficiaries, and distribute trust property.Unlike any other legal guide on the market, The Trustees Legal Companion is written with both the legal and the human element of the job in mind. It will help you gain peace of mind during a difficult time, while saving you time, money, and headaches. The authors, attorneys who have helped many bewildered trustees, show you, step by step, how to go through the process with confidence.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What topics does 'The Trustee's Legal Companion' cover? A: The book covers various topics related to being a trustee, including handling paperwork, communicating with beneficiaries, deciding when to hire professionals, managing trust assets, paying debts and taxes, and terminating the trust.
- Q: Who is the author of 'The Trustee's Legal Companion'? A: The author of the book is Liza Hanks, who provides insights into the legal and practical aspects of managing a living trust.
- Q: Is this book suitable for first-time trustees? A: Yes, 'The Trustee's Legal Companion' is specifically designed to assist first-time trustees by explaining the process in a clear and practical manner.
- Q: How many pages are in 'The Trustee's Legal Companion'? A: The book contains 399 pages, providing comprehensive guidance for trustees.
- Q: What binding type does 'The Trustee's Legal Companion' have? A: The book is available in paperback binding, making it convenient for reading and reference.
- Q: When was 'The Trustee's Legal Companion' published? A: The book was published on January 1, 2015.
- Q: Does the book discuss how to keep good records as a trustee? A: Yes, it includes guidance on maintaining accurate records to avoid challenges to your actions as a trustee.
- Q: Can this book help in understanding tax implications for trusts? A: Absolutely, it provides insights into dealing with taxes and understanding the tax obligations associated with managing a trust.
- Q: Is 'The Trustee's Legal Companion' focused only on legal aspects? A: No, the book also addresses the human element of being a trustee, balancing legal responsibilities with personal considerations.
- Q: What edition of 'The Trustee's Legal Companion' is currently available? A: The currently available edition is the 3rd edition.