Click,Prices,with,Organize,New,Trust,here,How,Together:,Notes:,9781413306552,Probate,The,Condition,Get,ISBN13:,Loved,Handbook,Avoid,title='Condition,href='/content/Condition_and_Shipping_Guide.htm',Guide',Guide:,' />


Home > Executor's Guide: Settling a Loved One's Estate or Trust Item

Executor's Guide: Settling a Loved One's Estate or Trust

RatingCustomer rating is 4 of 5
List Price$39.99
Add to Shopping Cart
Our Price$27.07
See our Partners Price
Lowest New Price$24.79
Lowest Used Price$13.45
Features
Categories Textbooks Trade-In   Personal Taxes   Estate Planning   Retirement Planning   General   Consumer Law   Wills   Estates & Trusts   Paperback   Printed Books  

Similar products

Estate & Trust Administration For Dummies
Estate & Trust Administration For Dummies
The Executor`s Handbook
The Executor`s Handbook
Get It Together: Organize Your Records So Your Family Won`t Have To (book with CD-Rom)
Get It Together: Organize Your Records So Your Family Won`t Have To (book with CD-Rom)
How to Settle an Estate
How to Settle an Estate
8 Ways to Avoid Probate
8 Ways to Avoid Probate

Description

Settling an estate can be like moving throughout a maze -- let The Executor's Guide lead the way.

If you're faced together with wrapping up the affairs of a loved one who has died, you may feel overwhelmed by all the work ahead -- particularly when you're grieving. But together with the right legal and practical information, you can do it.

The Executor's Guide will show you how to get organized, get the help you want and do progress one step at a time. Let it help you find the way an unfamiliar land of legal procedures and terminology. It explains:

  • preparing for the job of executor or trustee
  • the first steps to get
  • claiming life insurance, Social Safety and other benefits
  • making sense of a will
  • what to do if there is no will
  • how to determine whether probate is essential
  • caring for kids and their property
  • taxes
  • an overview of probate court proceedings
  • dealing together with family members
  • handling trusts
  • looking up your state's laws
  • working together with lawyers, appraisers, accountants and other experts

    The 3rd edition contains updated tables outlining key points of every state's laws, the latest information on estate taxes and worksheets this help you stay organized and on track.

  • Customer Reviews

    Customer rating is 5 of 5  Excellent Resource!   2010-03-18
    By P. Cannon (Big Pine Key, Florida United States)
    Anyone facing losing a loved one and having to deal with settling an estate or trust should buy this book. I recommend getting a copy before you are faced with a loss that way you will clearly know what steps to follow before you are in the overwhelming emotional pain a death can bring. It is a very comprehensive guide covering every angle of this daunting task. This is a simply written and easy to understand. I highly recommend it.
    Customer rating is 5 of 5  You need this book!   2010-03-17
    By B. J. Lewis (Highlands Ranch, CO)
    If you are an adult, without a legal education, you need this book. Let me amend that: If you are an adult, you need this book. I'm sure any attorney would appreciate the brilliant organization of this manual as well, and I suspect you will find a copy in many legal offices.

    For us lay people, it provides a step-by-step series of instructions that start even before one's duties as an executor begin. "Should you be an executor?" is the first question that needs to be asked. Flip over to page 13 for the answer. That, plus six other sub-catgegories, constitutes the first section entitled "Getting Ready." Part II is "First Steps," Part III is "Taking Care of the Estate," Part IV "Transferring Property", Part V "Handling Trusts" and the last, Part VI, is "Getting More Help." Each section is divided into numerous subsections that serve to break down complex questions into readily understandable answers.

    While the title is appropriate, this manual can be used, and should be used, by anyone, executor or not, who has any personal property. It is an invaluable reference by which one can organize financial and personal information that will eliminate any ambiguities in one's own will.

    I repeat: You need this book.
    Customer rating is 4 of 5  Highly Informative Executor's Guide Covers Almost Everything   2010-03-16
    By Tante Maren (Ohio, United States)
    The Executor's Guide by Nolo is the Best Guide by far when needing to know exactly what to do when you are in charge of a loved one's estate or trust. I know this first hand as my husband and I have been there.
    The Executor's Guide contains 23 chapters and in the back of the book, it has a State by State rules guide with basic valuable information on guidelines for trusts and taxes. More importantly it shows which chapters you can find your state's information in. The book starts off telling you the duties of a trustee or executor and then moves on to the second chapter in how to make your duties more manageable. Chapter 3 tells you what to do the first week when your loved one dies, funeral arrangements etc., and then Chapter 4 tells you what needs to be done in the first month-dealing with credit cards, social security, pensions, deeds, property, vehicles, utilities etc.. Chapter 5 tells you how to claim any life insurance, social security and other benefits. Chapter 6 covers the will and chapter 7 if there isn't a will. Chapter 8 covers adding up the assets and debts and moves on to chapter 9 in managing the assets and paying the bills. Chapter 10 covers caring for children and their property. Chapter 11 covers taxes. Chapter 12 covers property that doesn't go through probate and Chapter 13 covers transferring joint accounts or property. Chapter 14 tells you how to transfer community property and chapter 15 tells you how to claim retirement funds. Chapter 16 gives you information on claiming payable on death assets and chapter 17 focuses on small estates. Chapter 18 tells all about the regular probate court process and chapter 19 tells you how to wrap up a simple living trust. Chapter 20 tells how to manage a child's trust and chapter 21 tells what is a bypass trust and how to handle it. Chapter 22 tells you how to find more information from libraries and online resources. Chapter 23 tells you what to do when you need a lawyer or other expert. There is also a glossary after the chapters of legal terms, you will need to become familiar with.
    This book is very thorough with estates or trusts that have money to leave to their loved ones, but it does not cover what to do when a trust or estate becomes empty after paying for 24/7 nursing home care for years, as in my and my husband's position. I wish Nolo would have added another Chapter on trusts or estates that are depleted. After a depleted trust, when medicaid takes over, do they get the $255.00 social security death benefit or any life insurance policies? How much do they allow for funeral expenses state by state? This is important information, as more and more trusts and estates are being depleted by the exhorbitant nursing home expenses, leaving the executors and POA's in a lost world. I hope Nolo will add this new chapter, as we had to find out how to get a parent's care paid for when their estate is completely gone! Lawyer's charge $5,000.00 to get a person on medicaid, once their estate is gone, and who can pay that? There is information needed to make this book complete for trusts and estates that are depleted, otherwise I would have given this great book 5 stars!
    Customer rating is 5 of 5  Wonderfully written. Covers lots and lots of useful information   2010-03-15
    By Bob Feeser (Springfield, PA USA)
    First let me say that if you think that by purchasing this book you are going to avoid having to use an attorney, think again. For example, in 2010 they so far have eliminated the tax base on inherited property. That way it was in 2009 was that whatever the property was worth at the time of the loved ones passing, that is what the tax base will be when you sell it. Rather than delving into all of the ins and outs of different scenarios depending on the status of those who are inheriting it, and having to take into consideration the differing laws from state to state, the author makes you aware of the situation, and advises you to seek the counsel of a lawyer.
    Other than that this book goes into a lot of fine details; some of the things may appear mundane and obvious, but what the hay, what is mundane to one can be intriguing and informative to another.
    So before you go to your attorney's office, get this book. It will save you a lot of time. Your attorney will not have to sit and educate you about the basics at 200 per hour. As a matter of fact, I plan on setting up a check sheet of points of interest, and ask him to clarify my thinking. Is it right on, fine let's skip to the next item, is it off, then please explain. Plus what are the things I can do myself? For example can I just go to the recorder of deeds office with the death certificate and have a jointly owned property transferred over, or do I need a simple deed drawn up first?
    This book is an in depth treatise on all the ins and outs of settling an estate. (Sorry for mentioning the obvious) I have one other thing I wanted to mention, and that is the funeral industry is a money making industry that can and does take advantage of people in a time of weakness. People often try to express their love for the one who passed by using their pocketbook, and the funeral industry is glad to oblige. So I am strongly suggesting that you buy another book Grave Matters: A Journey Through the Modern Funeral Industry to a Natural Way of Burial. That is something to buy before your loved one passes on because when you are in the middle of the emotional adjustment, and going through grieving, that is not the time to go shopping for the best way to bury your loved one. Do it ahead of time.
    Customer rating is 5 of 5  Dry But Extremely Useful Reference Guide   2010-03-13
    By Citizen John (Washington, DC)
    I rate this book highly for its value as a reference guide. It also comes at a very reasonable price. But be warned this is a 23 chapter list of the laws and considerations related to performing as an executor, written in quality prose. This is not an easy book to read cover to cover. Case studies, real world stories, could help to make such dry material more relevant and interesting.

    One cannot overstate the importance of having a good executor. The Executor's Guide doesn't focus on how to choose an executor, but it's one of the most important decisions for preparing an estate.

    It follows from the content of this book that since the executor role is fiduciary and involves getting a series of things done step by step, the main danger is procrastination. Of course, honesty is mentioned several times and is obviously critical. But the ability to get things done is in most cases more likely to become an issue.

    Author Mary Randolph explains the executor's job well. She doesn't tell us why only some executors (or co-executors) complete the sundry tasks, communicate well at all times with interested parties, and wrap it up timely. The executor is entitled to reasonable compensation, but she doesn't specify what is reasonable under the circumstances. She writes that many executors don't accept compensation because they're dealing with family members and it would be taxable anyway. I was left wondering how interested parties could influence a procrastinating executor to get on with his/her duties. I would have also liked advice about whether to accept the executor role if it were offered.

    While this book is already 510 pages and provides an excellent summary of the duties of the executor and how assets are disbursed, additional information would be helpful. The 23 chapters, grouped in five parts, could benefit from short case histories to illustrate concepts. Even so, this book is extremely helpful as a reference guide.


    Fur Trade in Canada by Harold A Innis 1999 Paperb , NEW International Trade in Agricultural Products - R , NEW Free Trade in Capital - Hake Alfred Egmont, NEW The Colonial System Statistics of the Trade In , NEW The Colonial System Statistics of the Trade In , NEW Slavery and the Slave Trade in British India Wi , NEW An Account of the Trade in India 1711 - Lockye , NEW A Survey of Trade In Four Parts 1722 - Wood , Cross-Cultural Trade in World History Studies in Compa, The Continental OpDashiell HammettTextbooks Trade-In 2, No Longer at EaseChinua AchebeTextbooks Trade-In Acheb, From Peepshow to PalaceDavid RobinsonTextbooks Trade-In, The Viceroy of OuidahBruce ChatwinTextbooks Trade-In C, Cross-Cultural Trade in World History by Philip D C , American Set Design 2 Ronn Smith Textbooks Trade-In Ge, Savages Joe Kane Textbooks Trade-In General Cultural ,

    Copyright © 2010 DesireBooks.com. All rights reserved.