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Difference between revisions of "Ten Steps to Being an Executor"
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Ten Steps to Being an Executor (view source)
Revision as of 18:31, 17 March 2017
, 18:31, 17 March 2017no edit summary
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* If the will includes a '''trust''', take steps to ensure that the assets that form part of the trust are properly invested or kept in a safe place. | * If the will includes a '''trust''', take steps to ensure that the assets that form part of the trust are properly invested or kept in a safe place. | ||
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| text = A trust is a part of the estate that is set aside in the will for a beneficiary, often a child, on certain terms. For many estates, the executor is often also the trustee. The trustee is responsible for: | | type = | ||
| image = [[File:Tip.jpg |link=]] | |||
| style = width: {{{width|50%}}}; background:#ffffff; border:1px solid black; right | |||
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| text = <div>A trust is a part of the estate that is set aside in the will for a beneficiary, often a child, on certain terms. For many estates, the executor is often also the trustee. The trustee is responsible for: | |||
* making sure that all the assets that form part of the trust are properly invested or kept in a safe place, | * making sure that all the assets that form part of the trust are properly invested or kept in a safe place, | ||
* filing annual trust tax returns, and | * filing annual trust tax returns, and | ||
* making payments to the beneficiary of the trust as directed by the will. | * making payments to the beneficiary of the trust as directed by the will. </div> | ||
}} | }} | ||