TRUSTEE Tip Tuesday...Keep the House in Order. As a Trustee, you - TopicsExpress

TRUSTEE Tip Tuesday...Keep the House in Order. As a Trustee, you have a duty to preserve all of the assets of the estate. This means that you must also keep all of the assets insured and maintained. Make necessary repairs to the house. Keep the house and autos insured. Watch to see if any assets are declining in value. If so, consult with your attorney regarding selling or distributing them immediately. Make sure that you do not have more than $250,000 (for 2013) with any one bank, otherwise the excess won’t have FDIC insurance. Whether you ARE a trustee, have designated a trustee, or are in the process of planning, Trustee Tips are helpful for everyone to know. Call us and lets talk about it! #estateplanning #trustee #ocestateplans #willsandtrusts #family #insurance ocestateplanning.net/

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