Book description
Youíre the trusteeówhat now?
Itís an honor to be entrusted with wrapping up the affairs of a
deceased loved one, but itís also a big task, one you may find stressful
and confusing. Here is a guide that you can rely on for help with the
legal, personal and practical aspects of administering a living trust.
The Trusteeís Legal Companion
shows you exactly how to proceed, from handling paperwork to keeping
beneficiaries informed, to knowing when to call in the professionals and
how to work with them. Find out how to distribute money to the rightful
beneficiaries, in keeping with the terms of the trust and state law, as
well as a full breakdown of:
- what the job of trustee entails
- determining whether
or not to take the job
- finding and working with legal and
tax experts
- what to do with assets that should be in the
trust but arenít
- subtrust funding
- managing an
ongoing trust
- paying debts and taxes
- keeping good
records to avoid challenges to your actions
- terminating the
trust
The Trusteeís Legal Companion
is written with both the legal and the human element of the job in
mind. It will help you gain peace of mind during a difficult time, while
saving you time, money and headaches.
Liza Hanks
is an attorney and the founder of FamilyWorks Estate Planning, a
practice specializing in estate planning for families of all ages. A
graduate of Stanford Law School, she has also served as an instructor at
the Santa Clara University Law School and practiced with the state of
California and a prestigious Silicon Valley firm. Hanks is the author or
co-author of two books published by Nolo:
The Mom's Guide to Wills
and Estate Planning
and
The Trustee's Legal Companion
. She also blogs on wills, trusts, powers of attorney, living wills,
estate taxes, and probate court on the law blog Everyday Estate
Planning. Hanks lives with her family in Campbell, California.
Carol Zolla
is an attorney who practices only in the field of estate planning and
administration. Since 2002, she has been certified as a Specialist in
Estate Planning, Trust and Probate Law by The State Bar of California
Board of Legal Specialization.
Carol graduated from the University of California at Berkeley and the
University of California at Los Angeles School of Law. She serves on the
Estate Planning, Trust, and Probate Law Advisory Commission to the Board
of Legal Specialization of the State Bar of California. She is an active
member of the Trusts and Estates Section of the Silicon Valley Bar
Association, and is the Editor of its newsletter, the Scrivener. She
frequently speaks about estate planning topics to attorney organizations
and parent groups.
Carol lives in San Jose with her husband and young children.
