Your Executor Duties

Covers letters testamentary, inventory & appraisement, Form 706, death tax computations, and estate closing.

Written in easy-to-read language with dozens of real-life examples, this book provides important information about mediation, arbitration, small claims court, and civil court procedures, and includes a chapter on working with a lawyer.

Did you know you can hire a professional executor, instead of burdening some unlucky member of your family? This easy-to-read guide answers all your questions about hiring an executor: What Is an Executor? What are the Executor's responsibilities, powers, and duties? What's the difference between Executors and Trustees? Who Is usually the Executor? What happens when you have a suboptimal Executor? What is a Professional Executor? When does hiring a Professional Executor makes sense? How to choose your Professional Executor? How are Executor fees are calculated? When is the Executor paid? Are there fees for naming a Professional Executor in my will? My mother named me the executor in her will, but I'd rather hire a professional executor. Is that allowed? (Yes!)

"I had no idea you could hire a professional to do such a daunting, emotional task." ✰✰✰✰✰ Amazon Reviewer This easy-to-read Amazon-Bestseller guide answers all the questions about hiring an executor: What Is an Executor? What are the Executor's responsibilities, powers, and duties? What's the difference between Executors and Trustees? Who Is usually the Executor? What happens when you have a suboptimal Executor? What is a Professional Executor? When does hiring a Professional Executor makes sense? How to choose your Professional Executor? How are Executor fees are calculated? When is the Executor paid? Are there fees for naming a Professional Executor in my will? My mother named me the executor in her will, but I'd rather hire a professional executor. Is that allowed? (Yes!) Did you know you can hire a professional executor, instead of burdening some unlucky member of your family? Readers love this book! "Helpful book in helping choose the right person for you and your loved ones" ✰✰✰✰✰ Amazon Reviewer "In a straightforward voice, Anthony clearly lays out the pros and cons of hiring an attorney, bank, amateur vs professional executor, or - should you be named as the executor - if you should take the responsibility and what your options are." ✰✰✰✰✰ Amazon Reviewer "Good Read for Heirs or while Estate Planning" ✰✰✰✰✰ Amazon Reviewerprofessional executor

Your plain-English guide to administering an estate and/or trust As more and more of the population reach senior ages—including baby boomers, many of whom do not have wills—an increasing number of people are being thrust into the role of executor, administrator, personal representative of an estate, or trustee of a trust after the death of a loved one. This updated edition of Estate & Trust Administration For Dummiesguides you through the confusing process of administering an estate and/or trust. Settling an estate and administering a trust can be complicated, messy, and time-consuming for individuals named as executor or trustee, most of whom have no previous experience with such matters. Estate & Trust Administration For Dummies shows you how to make sound decisions for your unique circumstances. Guides you through the confusing process of administering an estate and/or trust Provides expert advice on unfamiliar estate and trust tax law Gives you a practical checklist to follow for all of your estate and trust administration questions and concerns Whether you're looking for guidance on how to navigate the probate process and estate taxes, settle debts and bequests, fund a trust, comply with tax regulations, or anything in between, this hands-on, friendly guide takes away the mystery and provides detailed answers to all of your estate and trust administration questions.

The executor's job is much more involved than you might initially believe. At its simplest, the executor's role involves documenting assets of the deceased, paying the bills for the estate, and distributing assets to the rightful beneficiaries. These in themselves are not simple tasks, and there are many more to come.