T
Trying Our Best
Guest
Would like to thank you in advance for your thoughts on the following questions concerning the final details of Successor Trusteeship for a Revocable Trust, created in California:
1) Considering a few things such as the grieving process (for my mother who created the trust), selling two real properties, debt settlement and other details, is 12 months considered a lengthy time to have taken to be at the final stages of disbursing the assets among the beneficiaries?
2) Does anyone have a sample balance sheet that I could view, to use as a general guide for providing an accounting summary of the trust assets/debits to the beneficiaries (one of which is a sibling with a very demanding attitude)? Or have suggestions where to look (trying to keep costs down as it is a small trust, and not interested in an accountant).
Again, your knowledgeable advice is very much appreciated. Thanks.
1) Considering a few things such as the grieving process (for my mother who created the trust), selling two real properties, debt settlement and other details, is 12 months considered a lengthy time to have taken to be at the final stages of disbursing the assets among the beneficiaries?
2) Does anyone have a sample balance sheet that I could view, to use as a general guide for providing an accounting summary of the trust assets/debits to the beneficiaries (one of which is a sibling with a very demanding attitude)? Or have suggestions where to look (trying to keep costs down as it is a small trust, and not interested in an accountant).
Again, your knowledgeable advice is very much appreciated. Thanks.