Recent Posts Tagged With 'fiduciary'

• Fiduciary Duties – Claims of Creditors

  Posted on Friday July 10th, 2009 at 10:37 in fiduciary, executor, creditors’ claims

  Once the fiduciary of an estate files an inventory of probate assets and establishes an estate checking account, the valid debts of the decedent should be paid. This, of course, assumes that the estate is solvent. In the case of insolvency, the fid...

• Fiduciary Duties – Locating the Assets

  Posted on Monday June 29th, 2009 at 09:51 in fiduciary, unclaimed funds, executor

  You are a recently appointed executor and your attorney informs you that you now need to prepare an inventory of the decedent’s assets along with the date of death values. If you are lucky, the decedent kept meticulous financial records that you w...

• Fiduciary Duties – The Missing Income Tax Return

  Posted on Friday June 26th, 2009 at 15:47 in income tax, IRS, fiduciary, executor, irs form 4506, irs form 1040, irs form 56

  You are now acting as the executor of an estate and your attorney informs you that you are responsible for seeing that all tax returns are timely filed. At your attorney’s suggestion, you look for a past income tax return among the piles of papers...