1.

Record Nr.

UNINA9910671415703321

Autore

Goldberg Seymour

Titolo

Can you trust your trust? : : what you need to know about the advantages and disadvantages of trusts and trust compliance issues / / Seymour Goldberg, CPA, MBA, JD

Pubbl/distr/stampa

Chicago, Illinois : , : American Bar Association, , [2014]

©2014

ISBN

1-62722-710-5

Descrizione fisica

1 online resource (126 p.)

Disciplina

346.73

Soggetti

Trusts and trustees - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Trustee headaches in general -- Changing trust laws -- The trustee and state trust laws -- What you should know about trusts -- Trustee liability issues -- The TAI task force -- Conflicts of interest -- What's the big deal about trusts and trust administration? -- Why trusts are difficult to administer -- Multiple trustees -- Rights of trustees to compensation -- Right of trustee to reimbursement of expenses -- Remedies for breach of trust -- Statute of limitations -- Estate tax issues -- Fiduciary income tax returns -- Unitrust -- Estate planning and professional liability -- Life insurance and estate tax issues -- Irrevocable life insurance trusts and estate planning -- Living trusts scams -- IRAs payable to non-QTIP IRA trusts -- Disclosure issues and IRA trusts -- Application of the Uniform Principal and Income Act rules in New York State -- Some examples of the trust accounting rules in New York State.

Sommario/riassunto

This straightforward guide helps anyone involved with trusts and estate planning understand the complexities and legal implications that arise when using a trustee.