Estate & trust administration for dummies

Part 1: getting started with estate and trust administration. 1. Operating in a fiduciary world ; 2. Exploring the ins and outs of estates ; 3. Identifying different types of trusts ; 4. Assembling your team members and knowing when to use them

Part 2: Administering an estate. 5. Taking the first steps after death ; 6. Navigating the probate process ; 7. Marshalling and liquidating assets ; 8. Paying the debts, expenses, bequests, and devises from the estate ; 9. Closing the estate

Part 3. Operating a revocable or irrecovable trust. 10. Understanding the trustee's duties ; 11. Funding the trust ; 12. Investing the trust's assets and paying its expenses ; 13. Paying trust beneficiaries ; 14. Creating and keeping trust records ; 15. Terminating the trust

Part 4: paying the taxes. 16. Preparing the estate tax return, part 1 ; 17. Preparing the estate tax return, part 2 ; 18. Filing income tax returns for a decedent, estate, or trust ; 19. Weighing income tax implications ; 20. Reporting tax info to schedule K-1 ; Part 5: the part of tens. 21. Ten pitfalls for the unwary ; 22. Ten types of taxes you may have to pay.