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May 2019 » Understanding the Duties of a Trustee...
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Sidney Kess, CPA, JD, LLM, and Edward Mendlowitz, CPA/PFS, ABV
In Brief:Trusts enable individuals to ensure the financial health of loved ones long after they are gone, but only if they are properly set up and administered. Trustees bear a great personal responsibility in ensuring that the trust is handled properly. The authors detail the different types of trusts, their taxation, and the trustee's responsibilities, providing both planning strategies and advice for administering trusts after they take effect.
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