Archive for January, 2011

Client is surviving spouse of an AB Trust and has been filing a 1041 & K-1 reporting all income on her 1040?

Friday, January 28th, 2011

Rich D asks the question: The previous Form 1041 filings have been labeled "Simple Trust" , but it is actually an AB Trust. Instead of continuing to file a 1041 each year, at great expense, can she begin to use "Optional Method 1" for Grantor Trusts described by the ...

Removing Executor of the Will

Thursday, January 27th, 2011

Tagged with: Removing, Executor, of, the, WillIn New Jersey, the court and surrogate do not supervise how an executor or administrator handles the estate. Unfortunately, the Executor occassionally fails to timely carry out their duties. They may fail to file tax returns, fail to keep records, misappropriate funds or ignore ...

Information About Free Last Will and Testament Download

Wednesday, January 26th, 2011

Nowadays, it's not as complicated as it seems to figure out your will, especially now that most of us are on the Internet. One of the smartest things you can do is to invest in a free last will and testament download. It's a great way to simplify expressing your ...