Your Trustee Duties: How to Dissect a Trust Contract, Prepare Form 1041, Distribute Income and Principal to Beneficiaries, and Terminate the Trust
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Product Description
The obligations and responsibilities of trustees are laid out in this guide to working with attorneys, understanding tax procedures, and real-life examples. From completing a 1041 form to determining which financial records to pay particular attention to, this primer offers tips for every step of being a conscientious trustee. Instructions for closely reviewing a contract, taking inventory of the sources of trust income, and terminating a trust are also included.
Product Details
- Amazon Sales Rank: #2346544 in Books
- Published on: 2004-09-28
- Original language: English
- Binding: Paperback
- 224 pages
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About the Author
Holmes F. Crouch is an IRS licensed tax professional and the author of Decisions When Retiring, Simplifying Your Estate, and Your Executor Duties. He lives in Saratoga, California.
