A Podcast That Listens, Hears and Offers Wisdom & Hope From Caregivers Who Have Lived The Experience.

What Every Trustee & Beneficiary Needs to Know

What Every Trustee & Beneficiary Needs to Know
Absolute Trust Counsel on Trustee
There are many things a trustee needs to know…

My sister and I were both a trustee of our parents’ estate. Because there are a lot of details neither of us was aware needed handling, it was a good thing for us. There are a number of complicated steps required by law when administering a trust & that’s what we’re discussing on the show.

You may be saying, “But, doesn’t having a trust avoid the legal work associated with a death?” Unfortunately not.

When someone dies, the process is very nearly the same whether there is a trust or probate. The difference between trust administration and probate is that the trust administration is done privately, while probate is handled publicly in court, and usually, probate is much more expensive. In a probate, the executor is required to use specific form documents and to get a judge’s permission to act, but the basic steps that must be covered in probate are very similar to the steps covered in a trust administration.

If you are the sole trustee as well as one of several beneficiaries, there are many steps you need to understand. Kirsten of the Absolute Trust Counsel is here to walk us through the most important things to know.

Related Episodes:

Allowing for A Natural Death – Alzheimer’s Living Will

Medicare Demystified

Check out our new sponsor! 

pharma-c-logo

Pharma-C-Wipes
​Life is a journey, and at Pharma-C-Wipes, we provide products that support you at each twist and turn.

PicnicHealth (Our Sponsor)

PicnicHealth

        Access all your medical records in one place & opt into research with PicnicHealth

Be sure to check out our website for more resources, partners, recipes, and more.  www.fadingmemoriespodcast.com

Join Fading Memories On Social Media!

If you’ve enjoyed this episode, please share this podcast with other caregivers!  Choose your favorite platform and follow us for more advice, motivation, recipes, and cute dog photos.

Facebook    InstagramTwitter

Subscribe to our YouTube channel.

There you can see me in “action” and watch the bonus videos I share.

Want to learn from Jennifer in person (or virtually)? Wherever you’d like a training session, Jen is available. Contact her at fadingmemoriespodcast@gmail.com

 

Make Your Brain Span Match Your Lifespan with Relevaate

NeuroReserve
NeuroReserve – Helping Our Brainspan Match our Lifespan

 

 

Fading Memories was created to support family caregivers in a simple, on-demand form. When I was looking for advice on caring for my Mom, I needed this podcast. Since it didn’t exist, I created what I needed!
Jen – pod host

Our weekly email gives your more insights & info!

Powered by Sacramento Web Design Group
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram