A couple of years ago a survey revealed that only 18% of first time executors were aware of the first step in the administration of an Estate – locate the Will….
Where do you look for an original Will and what do you do if you cannot find it?? Continue Reading »
Estate Planning, Executors, WillsIn 1905 Milton Hershey founded the Hershey Trust Company, which has been the majority owner of the Hershey Company. The primary purpose of the $12.3 billion Trust Company is to act as Trustee and support the Milton Hershey School in Hershey, Pennsylvania ….
A Chocolate Covered Trust Company Continue Reading »
Estate Planning, In the News, Succession Planning, Trustee, United StatesAs part of any administration, it is important for the Executor or Trustee to maintain records of all transactions taking place within the estate or trust….
PASSING OF ACCOUNTS – PART I “WHAT DOES IT MEAN and WHY IS IT NECESSARY?” Continue Reading »
Estate Administration, Estate Litigation, Passing Of Trustees’ and Executors’ AccountsA typical estate administration can take between 12-18 months and can consume hundreds of hours depending on the complication involved….
Decease and Assist Continue Reading »
Estate Administration, Estate PlanningA Trust Company is the only legal entity that can act as a trustee by holding property in trust for such functions as executors, trustees, and administrators of estates and personal trusts…..
Will Drafting Ideas From a Different Perspective Continue Reading »
Estate Administration, Estate Planning, Executors, Trustee, WillsThis year’s STEP conference featured over 65 speakers including for the very first time, the IRS spoke on Canadian soil about offshore compliance options including OVDP and streamlined compliance procedures…..
Happy Independence Day ! Continue Reading »
Estate Planning, IRS, Tax Issues, U.S. Citizen, US Taxes