Absolute Trust Talk

044: Estate Administration: Executor & Trustee Dos & Don’ts

Informações:

Synopsis

Being named as the executor or trustee of an estate is a big job. There are many tasks and responsibilities to take care of. And on top of that, it’s hard to imagine being able to make these important financial and legal decisions while grieving. A lot of times, people have no idea where to start or what to do. Without basic knowledge of the trust and estate administration process, the whole experience can be overwhelming. In this new episode of Absolute Trust Talk LIVE, Kirsten dives into some of the most common mistakes that trustees and executors typically make that can also have serious consequences. With a little education and extra guidance, these mistakes can be avoided. Listen in to learn more about how you can navigate the estate and trust administration process like a pro. Big Three from Episode #044: It’s essential to understand your fiduciary duty event if you too are a beneficiary Record keeping is of utmost importance - you must be thorough and organized Being an executor or a trustee of an est