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Indiana Rules of Professional Conduct Re Trust Accounting Form

Indiana Rules of Professional Conduct Re Trust Accounting Form

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trust accounting just because you are the trustee the successor Trustee of your mother or Father's trust and you're administering the trust now that they have passed away you still have to do an inventory you still have to pay expenses one of the things we talk about a lot on here is that if you have a trust you avoid the probate process and that is usually absolutely true however just because you avoid the probate process doesn't mean that you don't have to do an inventory of all the assets and present them to whoever the beneficiaries of the trust are and it also doesn't mean that you don't have to pay the expenses and the creditors uh of your deceased parents estate uh you still have to go through a lot of the same motions it just happens a lot quicker because the court is not involved so if you're doing one certain that you are doing it correctly so that one of The Heirs can't come back later on and question what you&a

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