Hi, What would be the accounting entries for funds received from trustee and funds withdrawn by Trustee for US private trust? Is it donation received from Trustee ?
I’m an executor to a family home that has no income, what accounting do I give to my siblings? Do I provide the insurance and tax payments? The home is free and clear. Thank you for your reply
What happens when the grantor passes on and the trustee does not do appraisals on 3 properties ? The trustee does not file tax returns for the trust for the past 4 years ? Very informative video. Thank you