"Whatever your connection with a trust or an estate plan is, either as a trustee,beneficiary, trust grantor, attorney, or financial advisor, this book opens your eyes wide to the seven mistakes that can sink financial dreams and tear apart a family." The 7 Biggest Mistakes Trustees Make…And How to Avoid Them is based on my 18 years of experience and research as a financial advisor. It highlights in detail the case of Norman and Margaret Sample and their children, who sued each other over their inheritance money and my subsequent crusade to determine what could have been done to avoid their painful and devastating predicament.Over the years I’ve witnessed peoples’ estates diminish due to taxes, legal fees, nursing home expenses, and mismanagement. I’ve seen many trusts unravel due to family greed, lack of communication, improper advice, and mistrust. I’ve been appalled at the incredible amount of ill advice given to clients by inexperienced professionals and further shocked by the abuse and manipulation that occurs at the hands of disgruntled heirs. Many clients have had wishes that were never fulfilled. All of these circumstances could have been avoided and yet, were not. Citing the Sample case and many others I’ve clearly identified the seven biggest, most common mistakes that you must avoid. Whether you’ve already established a trust or not, this book provides the framework of how to effectively develop an estate planning strategy and how to open up lines of communication about difficult planning issues between your family members and your other beneficiaries. You’ll have in your hands the information you need to make your wishes a reality and ensure that your estate transitions smoothly.

The 7 Biggest Mistakes Trustees Make: And How to Avoid Them

Business & Money

Varma, Sandeep

Personal Finance

Torchlight Publishing

Sandeep Varma has seen many trusts unravel due to family greed, lack of communication, improper advice, and mistrust. Many clients have had their final wishes go unfulfilled. Many of these circumstances could have been avoided, and yet were not. Through real life stories, this book will provide you the knowledge you need to help make your wishes a reality and help ensure that your estate will transition smoothly. The 2nd edition has been updated with current tax, legal, and financial information.

See the best price to sell, buy, or rent books by Varma, Sandeep. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Varma, Sandeep

See the best price to sell, buy, or rent books by Varma, Sandeep. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The 7 Biggest Mistakes Trustees Make: And How to Avoid Them

The 7 Biggest Mistakes Trustees Make: And How to Avoid Them