The Executor's Handbook is a step-by-step guide for estate executors and personal representatives. Covering everything from probate to wills to liquid assets, it helps readers determine the best course of action as an executor.
Updates to this edition include:
New information on wills
New types of bank accounts, such as pay-on death accounts
The Taxpayer Relief Act of 1997
The increasingly common use of trusts
All state and federal laws, in texts and tables.
An executor is a person appointed in a will to carry out the instructions and wishes of the deceased. Often the tasks involved are cumbersome, complicated, and time-consuming. This Handbook outlines the duties and responsibilities of the executor and provides a walking tour of the procedures that settle an estate. There is no skimping on the basics here. The authors understand what a first-time executor needs to know and present that information in plain English. Coverage includes a thorough explanation of what an executor does, instruction on dealing with the deceased's assets and liabilities, and advice on administering probate. In addition to the competent, methodical text, they offer tables of state income tax rates, intestacy laws, state-by-state probate requirements, and executor's fees. Highly recommended for libraries with estate-planning collections.
Joan Pedzich, Harris, Beach & Wilcox, Rochester,
Copyright 1994 Reed Business Information, Inc.